🚨 $AVAX SHORT ALERT! THE BEAR IS BACK! 🚨
Prioritize initiating SHORT positions around 12.2. Extreme caution is advised if price pushes near 12.4. Is this the final technical bounce before $AVAX craters?
Sellers dominate the higher timeframes, but buyers are holding ground on smaller charts. Longs are paying funding fees while Shorts are riding profits. Massive selling pressure across hourly and daily confirms the downtrend isn't over, despite RSI oversold conditions.
The key pivot is whether buyers can break the immediate resistance at 12.3. Failure means selling pressure skyrockets. Wait for candle confirmation before entering! 📉
#CryptoTrading #ShortSqueeze #AVAX #AlphaCall 🐻

AVAXUSDT
Perp
10.2
-0.89%