#AVAX #Trading Diary
That whale is at it again with the pump and dump.
AVAX took a nosedive last night, smashing through the $23 support like it was nothing, turning my long position into a sacrifice. Volume picked up but the direction was all wrong, clearly a shakeout—retail traders getting wrecked again and again.
Right now, we’re sideways with low volume, and $23 has become resistance. The bulls need to clear this hurdle to make a comeback; otherwise, we’re just grinding lower.
If you still have positions, set your stop-loss and don’t hold on for dear life. Missing out isn’t scary; what’s scary is holding a bag that goes to zero.
Remember: as long as you're still in the game, you have the right to call the shots.
That whale is at it again with the pump and dump.
AVAX took a nosedive last night, smashing through the $23 support like it was nothing, turning my long position into a sacrifice. Volume picked up but the direction was all wrong, clearly a shakeout—retail traders getting wrecked again and again.
Right now, we’re sideways with low volume, and $23 has become resistance. The bulls need to clear this hurdle to make a comeback; otherwise, we’re just grinding lower.
If you still have positions, set your stop-loss and don’t hold on for dear life. Missing out isn’t scary; what’s scary is holding a bag that goes to zero.
Remember: as long as you're still in the game, you have the right to call the shots.