AVAXUSDT: Bearish Domination - Short the Rallies! 📉🔥

Current Price: $20.094 (-3.50%)

Trend: Aggressive Downtrend (MACD accelerating, oversold but no reversal signals).

Key Resistance: 20.847 (Middle Bollinger Band) →

Ideal Short Zone

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Trade Strategy

1. Entry (Short):20.80–20.85**

- Why? Retest of middle Bollinger Band + MACD/RSI rejection likely.

2. Targets:

- TP1: 19.834 (Lower Bollinger Band)

- TP2: 19.50 (Psychological support + 24h low confluence).

3. Stop Loss:21.25 (above 24h high).

4. Position Size: 1–2% risk (high volatility).

Why Bearish?

- 📉 MACD Crash: -0.086 & widening → bear momentum accelerating.

- 📊 Sentiment Trap: 80.5% long accounts → extreme liquidation risk if downtrend continues.

- 🩸 Oversold ≠ Reversal: RSI(6) at 25.27 & Williams %R at -83.19 show exhaustion, but no bullish divergence.

- 🔻 Volume/OBV: High volume (210K vs MA 185K) + negative OBV (-6.18M) confirms seller control.

Surety Rate: 85% (Resistance confluence + bearish structure intact).

#AVAX #ShortSqueeze #CryptoAlert #Bearish

Disclaimer: Price may bounce in oversold zone – wait for resistance confirmation! ⚠️