TradingViewInsights

$AVAX /USDT BEARISH TRADE SETUP – STRONG DOWNTREND PRESSURE CONFIRMED!

$AVAX has dropped to $20.21 with a sharp -4.67% dip, showing consecutive red candles on the 30-minute chart. After failing to sustain above $21.60, price sharply reversed and is now hovering just above the $20.00 support. Momentum remains bearish as sellers dominate near lower lows.

Trade Setup (SHORT):
Entry: $20.40 – $20.80
Target 1: $19.60
Target 2: $18.90
Stop Loss: $21.05

Market Outlook:
Unless bulls reclaim $21.00 with strength, the trend favors further downside. Break below $20.00 could trigger panic selling into deeper support zones.

Risk Management Tip:
Always use a tight SL in volatile moves like this. Protect capital and consider partial exits near TP1.

Don’t let this breakdown escape without you — sell the weakness, capture the fall!
Ride the trend until it bends — profits favor those who act, not react!

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