🚨 $AVAX keeps getting rejected… this isn’t support — it’s distribution.

🔴 SHORT $AVAX

AVAX
AVAXUSDT
8.894
+1.05%

Entry: $8.76 – $8.89

SL: $9.05

TP1: $8.37 | TP2: $8.00 | TP3: $7.70

Price is stuck below 20 / 50 / 200 EMA —

every bounce getting sold, forming lower highs.

Latest rejection?

Shooting star + bearish engulfing → sellers in control.

This isn’t a bounce… it’s a setup for continuation.

If this breaks down → move extends lower 📉

If reclaimed → structure invalid, exit fast ❌

📌 Plan:

Reject = ride the drop

Break above = cut it

Most traders will try to catch a bounce here…

and get trapped again.

Breakdown — or fake support? 👇

#AVAX✈️ #cryptotrading #ShortTraders #BinanceFutures #altcoins