📉 $AVAX / USDT Short-Term Strategy 🐻🔻

🔍 Market Overview

Current Price: ~$19.81 USD

Intraday Range: $19.81 – $20.21

Trend: Bearish momentum following rejection at key resistance

Key Resistance: $20.50 (recent high), $21.00 (psychological level)

Key Support: $19.00 (recent low), $18.50 (historical support)

📌 Avalanche (AVAX) is showing signs of weakness after failing to sustain above key resistance levels, indicating potential for further downside.

🔴 Short Entry Zone 1: Retest Short 🔁

→ Zone: $20.30–$20.50

→ Bearish reversal pattern (e.g., engulfing) near resistance

→ RSI remains below 50, low-volume bounce

💣 Short Entry Zone 2: Breakdown Trade 💣

→ Zone: $19.50–$19.70

→ Confirmed close below $19.70 with strong selling volume

→ MACD bearish crossover and RSI < 45

🎯 Targets 🎯

• TP1: $19.00 (~1%)

• TP2: $18.50 (~2%)

• TP3: $18.00 (~3%)

🛑 Stop-Loss 🛡️

• Retest SL: Above $20.70

• Breakdown SL: Above $19.90

⚠️ Risk Management Tips

→ Risk only 1–2% of capital per trade

→ Maintain at least 2:1 reward-to-risk ratio

→ Move SL to breakeven after TP1 to secure capital

→ Avoid overtrading and let trades come to you

👉 DYOR — Always do your own research before entering trades.

✅Buy and Trade here on $AVAX