$AVAX is trading below key support after failing to hold the 12.00 zone showing weak bearish continuation on the lower time frame..........

Sellers have dominated every bounce attempt aggressively and price is now rejecting from minor resistance after the recent drop from 12.33 highs...........

As long as this downtrend remains intact the momentum favors continuation toward the lower liquidity zone near recent lows......

Trade Setup

Entry Range: 11.90 – 12.00

Target 1: 11.70

Target 2: 11.50

Target 3: 11.30

Stop Loss: 12.10

AVAX
AVAX
11.99
-0.49%