🎯 AVAX / USDT — SHORT Setup

$AVAX

AVAX
AVAXUSDT
9.919
-0.81%

Entry: 9.38 – 9.45

Stop Loss: 9.75

Targets:

🎯 TP1: 9.08

🎯 TP2: 8.82

🎯 TP3: 8.45

Reason:

AVAX is currently forming lower highs after the rejection at 9.78, which signals weakening bullish momentum. The chart shows a descending structure inside a broader downtrend. Recent rallies are small and quickly sold, indicating supply above 9.50–9.60. Price is also hovering near support without a strong bounce, suggesting potential breakdown pressure. If 9.26 support fails, the next liquidity zone lies around 8.8–8.5.

#AVAX/USDT