AVAX is fading near supply
🔴 $AVAX - SHORT

Trade Plan:
Current Price: $9.349
Entry Zone: $9.34 – $9.45
SL: $9.72
TP1: $9.16
TP2: $8.98
TP3: $8.78

AVAX bounced, but the move still looks heavy near local supply. This is not a chase short; it is a fade against a zone where sellers still have room to defend. If AVAX cannot hold above the top of the entry zone, the retrace back toward lower support becomes the cleaner path.

Technical Read:
This is a local exhaustion setup built around the $9.34–$9.45 reaction band. A push above $9.72 invalidates the short and suggests the bounce is turning into something stronger. 

Is AVAX topping here or preparing one more push?
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DYOR & manage risk!
$AVAX

AVAXUSDT

Perp

10.22

+0.87%