Short

Lingrid | AVAXUSDT Resistance Reached: a Pullback Possible

accelerated sharply inside its rising channel before colliding with a macro resistance barrier. The latest rejection wick signals that bullish momentum might be cooling while price hovers near the intersection of opposing trendlines.

📍 Continued weakness below the resistance cluster may open the way for price to slide toward the lower support area of the channel structure.

⚠️ A firm reclaim of the overhead barrier could disrupt the bearish view and shift attention back toward higher resistance levels.

Traders, if you like this idea, please leave your thoughts in the comments. I look forward to reading your ideas!

Lingrid

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Lingrid

🔥 Daily GOLD and Forex updates with 20,000+ active traders:
t.me/LingridChannel
🚀 Daily CRYPTO setups:
bit.ly/3JIGE2j

또한 다음에서도: