🚨 SHORT $AVAX — signs of exhaustion after a technical rebound

AVAXUSDT

Perp

12.37

+1.75%

📊 Technical analysis.

Price is testing the key 14.8–15.0 resistance area, where several factors align:

• upper boundary of the descending channel,
• 1H EMA 100/200 cluster,
• multiple bearish divergences on RSI.

After a strong upward move, the RSI is losing momentum → increasing the probability of a pullback.

💡 Trading idea (bearish setup):
🎯 Entry zone: 14.75 – 15.00
🎯 Targets: 14.10 → 13.50 → 12.55
⛔️ Stop-loss: above 15.35

📉 As long as the price stays below 15.0, the bearish continuation scenario remains the main one.

#AVAX  #Avalanche #SetupTrade