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Shorting AVAX with tight risk

Short AVAX at 6.72, stop at 6.81, first target 6.27. Risk/reward about 1:5. Break above 6.81 invalidates.

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Short AVAX

I'm shorting $AVAX from 6.72. Stop just above at 6.81 – that's a -1.6% risk. First target 6.27, second 5.82. Risk/reward is solid at nearly 1:5 on the first leg.

Break above 6.81 and I'm out. This setup is clean and the invalidation level is tight. 🔻

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