AVAX Bear Flag on 4 hour✨📣
$AVAX
{spot}(AVAXUSDT)
{future}(AVAXUSDT)
The bounce to ~$30 did not take out the last 4H lower-high (~$30.6–$31). Until that breaks and holds, structure is still down.
This preiction is valid unless price closes above the flag’s upper trendline / last LH (~$30.6–$31). A breakdown from the flag puts the usual magnets back in play:
$28.40 (0.382) → lose it on a 4H close and the path opens to
$27.9 / $27.3
$26.0–$26.6 (0.5 + prior pivot)
If that fails: $23.6 (0.618).
Extreme measured-move risk from the full pole points toward $20–$21 (low-probability unless BTC/ETH crack).