$AVAX /USDT BEARISH CHANNEL EXTENDS — SELL-OFF SHOWS NO SIGNS OF SLOWING!
$AVAX is now trading at $22.14 after rejecting multiple times below the $23.00 mark. The 1H chart shows a strong descending structure, with every bounce facing aggressive selling. Price just bounced off the $21.97 low but remains under pressure.
Trade Setup (Short):
Entry: $22.10 – $22.30
Targets: $21.80 / $21.40
Stop Loss: $22.70
Market Outlook:
With momentum leaning bearish and lower highs forming steadily, AVAX remains vulnerable. Watch for breakdowns with high volume for confirmation. Stay disciplined with risk control.
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