📉 $AVAX /USDT BEARISH MOVE IN PLAY – SELLERS IN CONTROL! 🔻

$AVAX is currently trading at $17.86 (-1.49%), showing clear bearish momentum after rejection from the resistance zone. Price is hovering near local lows, signaling further downside potential.

📊 KEY LEVELS TO WATCH:

🔺 Resistance Levels:

$18.35 – Intraday resistance

$18.60–$19.00 – Major daily supply zone

🔻 Support Levels:

$17.69 – Immediate support

$17.20 – Key horizontal support

$16.50 – Major support & potential bounce zone

📉 Trend Indicators:

MACD: Bearish crossover 🔻

EMA: Price trading below key EMAs 📉

Volume: Increasing on red candles, confirming sell pressure 📊

🧨 TRADE SETUP (SHORT):

📍 Entry Zone: $17.80 – $18.00
🎯 Take Profits:

TP1: $17.20

TP2: $16.50

TP3: $15.80

🛑 Stop Loss: $18.45 (above resistance wick)

⚠️ RISK MANAGEMENT:
🔸 Use only 1-2% of your capital per trade
🔸 Always set SL & TP before entry
🔸 Avoid overtrading – wait for confirmation

🚨 Stay sharp, follow the trend, and manage your risk wisely! 💼📉

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{spot}(AVAXUSDT)