$AVAX

AVAXUSDT

Prep

11.78

-3.89%

$AVAX / USDT

The daily and 4-hour timeframes remain firmly bearish, with price trading below all major EMAs. On the 1-hour chart, AVAX is currently pulling back into the EMA50, which is acting as resistance. Short-term momentum is weakening as the 15-minute RSI drops under 50, providing a strong trigger to align with the prevailing downtrend. A downside break of the recent 1-hour low would further validate the setup.

Actionable Short Setup

Entry (Market):

12.249517 – 12.306483

Take Profit Targets:

TP1: 12.107104

TP2: 12.050138

TP3: 11.936207

Stop Loss:

12.448897