$AVAX/USDT 1D (#Bybit) Broadening channel on resistance

Avalanche got rejected on 200MA and RSI is so overbought, seems likely to retrace down at last.

⚡️⚡️ #AVAX/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (2.5X)
Amount: 6.9%

Current Price:
17.615

Entry Zone:
17.630 - 19.080

Take-Profit Targets:
1) 15.820
2) 13.910
3) 12.005

Stop Targets:
1) 20.475

Published By: @TradingOn

Trade closed: target reached

Trade closed: stop reached:

SL hit with -1.0R after TP1 with +1.2R

Avalanche bounced back on 100EMA support then broke-out and went up for 200EMA.