AVAX is trading in the lower half of the active range, and price action is still testing conviction on lower timeframes. Momentum remains soft with lower-timeframe pressure still active. Structure currently reads DOWN/DOWN/SIDE, with broader bias around BEARISH. My view favors a rejection-based short plan while structure keeps printing weaker rebounds. Execution should stay disciplined. Setup quality is MEDIUM. Current RR is around 1.91. Chasing pressure is 0.2%.



📌 AVAX | SHORT SETUP 📉



Trade Plan:

🎯 Entry: 6.5773 - 6.6060

🛑 SL: 6.6800

✅ TP1: 6.5101

✅ TP2: 6.3811

✅ TP3: 6.2998



Why this setup?

- 4H and 1H are aligned bearish.

- 1H is pulling back into a sell continuation zone (EMA20/Fib).

- 15M squeeze while still below EMA20.

- MACD 1H is aligned bearish.

- MACD 15M confirms bearish momentum.

📊 Bias Confidence: 73% | Execution Confidence: 91% | RR: 1.91 | Setup Quality: MEDIUM

Trade responsibly; crypto markets are volatile and past performance is not indicative of future results.

⚠️ Personal view only. Manage risk and position size before entry.

AVAX
AVAXUSDT
6.818
-0.90%