$AVAX AVAX/USDT – Bearish Momentum in Play
Market Overview:
AVAX is showing strong bearish pressure after failing to hold its recent support. Sellers are in control as price breaks down from consolidation, indicating a possible continuation to the downside.
Current Price:
🔻 13.26 USDT
Technical Outlook:
Clear lower highs & lower lows structure
Strong bearish candle confirms breakdown below support
Momentum favors sellers unless price reclaims key resistance
Key Levels:
Resistance: 13.50 – 13.65
Support: 13.10 → 12.90
Trade Idea:
📌 Short on pullbacks below resistance
📉 Bearish continuation expected if price stays under 13.40
Invalidation:
❌ Daily close above 13.65 may weaken bearish bias
Conclusion:
AVAX remains bearish in the short term. Best strategy is to wait for a pullback toward resistance for safer short entries, while keeping risk management tight.
⚠️ Not financial advice. Always manage your risk.
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