$AVAX Rejected From Supply Zone – Bearish Continuation Likely

AVAX made a recovery push but got rejected cleanly from the upper supply area on the 30m timeframe. Price failed to hold above resistance and is now trading back below the key level, showing seller dominance on every bounce. As long as $AVAX stays below this zone, downside continuation toward lower support remains favored................

Trade Setup

Entry Range: 12.15 – 12.30

Target 1: 12.03

Target 2: 11.92

Target 3: 11.85

Stop Loss (SL): 12.55

AVAX

12.03

-3.06%