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Avalanche(AVAX): Amazing Short Opportunity For Sure!

Short
AVAXUSDT Perpetual Contract (BYBIT:AVAXUSDT.P)  
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BYBIT:AVAXUSDT.P   AVAXUSDT Perpetual Contract
Trend Analysis Technical Indicators Chart Patterns BTC Bitcoin (Cryptocurrency) ETH Ethereum (Cryptocurrency) crypto Relative Strength Index (RSI) bollingerbandstrategy overbought Support and Resistance
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trendanalysis indicator chartpattern btc bitcoin eth ethereum crypto relativestrengthindex bollingerbandstrategy overbought supportandresistance
The coin has great potential for some downward movement here, for sure, with price reaching the major resistance zone, which we will not be able to breakout from with our first attempt. As now we have started the rejection phase, we might see even further movement here for sure to lower support!

The first sign of potential reversal is RSI entering back in normal zones (after being in overbought zone)

Swallow Team
Comment:
snapshot

Coin made 17% of market price movement with a really nice rejection from upper resistance!! We are moving nicely towards EMAs!

Swallow Team
Comment:
snapshot
The price of AVAX has had a nice 27% market price movement where it got stopped by 100EMA and is now going for a re-test of the entry zone.

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