$AVAX REJECTION AT SWING HIGH – SHORT TRADE SETUP ACTIVATED
$AVAX/USDT is trading at $24.47, up +3.55% today but facing a sharp rejection near $24.53 (24h high). Price action shows a lower high forming with a rising wedge breakdown—momentum may now shift to the downside if $24.30 fails.
Trade Setup:
Entry Zone: $24.45 – $24.50
TP1: $23.90
TP2: $23.30
Stop-Loss: Above $24.65
Key Levels to Watch:
• Resistance Zone: $24.50 – $24.65
• Support Zone: $24.10 – $23.60
AVAX is cooling off after a strong run-up. If it fails to reclaim $24.65, sellers could drive the price back down toward $23.30 support.