$AVAX /USDT : Daily and 4-hour trends are bearish, with prices below key moving averages. The hourly chart shows a temporary bounce, but momentum is weakening. The trigger is a drop below the 1H EMA50 around $12.26, confirmed by the 15m RSI falling below 50. This indicates that the short-term relief rally has ended, and a larger downward trend is resuming. Enter SHORT on this breakdown for a quick move to support.
Current setup now (SHORT)
Entry: market at 12.233308 – 12.286692
TP1: 12.099845
TP2: 12.04646
TP3: 11.93969
SL: 12.420155
