Technical analysis by Dr_Bazigu_Rodgers about Symbol AVAX: Sell recommendation (7/23/2025)

📉 AVAXUSDT.P – High-Risk/Reward Short Setup | Smart Money Play (1H) 🔍 Trade Type: Short 🕐 Timeframe: 1-Hour (1H) 📊 Entry Trigger: Change of Character (CHoCH) after Equal Highs 🎯 Target: 20.298 🛑 Stop Loss: 25.573 💰 Risk/Reward Ratio: 9.79 📌 Trade Breakdown: This AVAX short was taken based on Smart Money Concepts, using a combination of liquidity structures and market psychology: ✅ Key Confluences: Equal Highs (EQL) formed above internal structure – clear inducement/liquidity pool. CHoCH confirmed as price broke below a major internal low → bearish intent confirmed. Retracement into Bearish Order Block in the Premium Zone offered an optimal entry. Strong follow-through from institutional selling after liquidity grab. 🧠 Why I Took This Trade: This setup offered a clean narrative: Liquidity above = taken Internal structure = broken OB in premium = respected Imbalance/fair value gap below = price magnet This alignment made it a high-confluence short with an excellent R:R ratio. 🎯 Target Zone (20.298–20.953): This area contains unmitigated demand and prior support. I anticipate price to: Tap into this zone to rebalance price inefficiency Potentially react from there (watch for reversal setups) ⚠️ What I'm Watching: Possible reaction around 21.793 support – consider partial profits Maintain awareness of higher timeframe trend (H4/D1) Volume shift or bullish CHoCH may signal exit before TP