$AVAX is getting hammered but the engine’s still running hot – price is at 12.97, down about -9.5% on the day (today -10.4%, 7D -9.8%, 30D -27.7%, 90D -55% and nearly -70% on the year), after sweeping a fresh 24h low at 12.89 against a 24h high of 14.83. Volume is solid at 4.46M AVAX / 61.56M USDT, and on the 15m chart price is pinned just under the EMA7 at 13.04, EMA25 at 13.20 and EMA99 at 13.59 – a heavy downtrend wall where one aggressive short-cover rally can rip faces off.

EP: 12.80 – 13.00

TP: 13.80 then 14.50

SL: 12.40

Knife is falling, but these are the zones where reversal wicks are born – I’m ready for the move —$AVAX