$AVAX

🚨 Market Pulse: AVAX is showing a weak recovery within a broader downtrend — price is hovering around $10.1 with a small uptick after bouncing from lower levels. The broader structure remains bearish, trading below key moving averages and capped by resistance. �

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📉 Trade Strategy – SHORT Bias (High-Probability Setup):

👉 Entry Zone: $10.20 – $10.40 — this area aligns with near-term supply and moving resistance from short-term EMAs and price congestion.

👉 Take Profit Targets:

🔹 TP1: $9.90 – first support from recent price action and psychological level.

🔹 TP2: $9.55 – aligns with recent lows and oversold bounce zones.

🔹 TP3: $9.15 – deeper sell-off target if bears retain control.

👉 Stop-Loss: $10.65 — above recent swing high resistance and invalidates the bearish continuation short thesis.

🧠 Trade Rationale:

🔻 Price remains under major moving averages and EMAs – typical of bearish trend dominance. �

🔻 RSI readings suggest oversold but no clear trend reversal signal yet — bounce attempts have been corrective rather than structural. �

🔻 Failure to reclaim critical resistance zones keeps downside continuation probability elevated.

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🔥 Pro Trader Tips:

✔ Be patient with confirmation: Wait for price rejection at the entry zone with clean candle wicks or clear bearish wick rejections before execution.

✔ Volume matters: Increased selling volume near the resistance entry zone strengthens short conviction — low volume bounces often trap bulls.

✔ Risk management: Don’t overleverage — downtrends can whip around fast and trigger stop-hunts before continuation.

✔ Macro watch: Correlation with BTC and broader risk sentiment can accelerate moves — if BTC trends down sharply, expect faster execution of targets.

📊 Perspective: This is a tactical short-term killer setup in a bearish market — nimble entries, tight risk controls, and scaling out at defined TPs is key. Longer-term trend reversal will need reclaim above higher resistance bands and breaking.