$AVAX — short setup on failed breakout

AVAX is struggling to break above $23.00 and momentum is fading. Long/short ratio is overly long-biased — time to play the opposite side.

Short entry: $22.70–22.85

Stop: $23.10

Targets: $22.00 and $21.50

Leverage: 5–10x, small size (max 15% of capital).

This isn’t about catching the top — it’s about catching opportunity.

Be cautious. Be smart. Trade for profit.