$AVAX Short Trading Signal – Bearish Breakdown in Movement
AVAX faced strong rejection near the resistance area at $26.84 and has since dropped to $24.18 with signs of continued weakness. The market shows an early bearish structure, with lower highs and increased selling pressure.
Current price: $24.18
24-hour high: $26.84
24-hour low: $23.73
Daily change: -2.97%
Short Trading Setup:
Entry area: $24.20 – $24.60
Target 1: $23.20
Target 2: $22.10
Final target: $20.60
Stop loss: above $25.80
Technical note:
If the price fails to recover above $24.80 quickly, it may push momentum towards support levels. Watch the $23.00 area closely for confirmation of continuation.
Stay cautious - momentum is shifting in favor of sellers.
Buy and trade here on $AVAX