$AVAX /USDT STRUGGLING TO HOLD GROUND AFTER MAJOR SELL-OFF — BEARS STILL IN CONTROL!
$AVAX dropped sharply by over 9%, slipping from $25.98 to a low of $22.92. While the 15-minute chart shows a minor bounce attempt, the price is struggling to hold above $23.20 — indicating continued bearish dominance with weak bullish follow-through.
Trade Setup:
Entry: 23.15 – 23.30
Take Profit (TP): 23.60 / 23.90
Stop Loss (SL): 22.90
Market Outlook:
The bounce from $23.00 appears corrective for now. If AVAX fails to close above $23.40 soon, another leg down is possible. Bulls need strong volume and follow-up to flip the short-term structure.
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