$AVAX /USDT SHORT TRADE SIGNAL – BEAR FLAG AFTER SHARP SELL-OFF!
$AVAX dumped nearly 7% today, falling from $20.54 down to a low of $18.43. While a minor bounce occurred, price is now consolidating under $18.80 on the 15-minute chart. The weak recovery and tight range suggest a potential continuation of the downtrend.
Trade Setup (SHORT):
Entry: $18.70 – $18.90
Target 1: $18.40
Target 2: $18.00
Stop Loss: $19.15
Why Short?
Price action is forming a clear bear flag following a strong bearish leg. Sellers still dominate as no significant volume has returned to support a bullish reversal.
Risk Management Tip:
Stick to your SL — AVAX is volatile. If price breaks above $19.15 with volume, it's a signal to step out.
Sell smart — don’t chase green candles when the trend is turning red!
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