$AVAX USDT BEARISH MOVE🛑 UNFOLDING – SHORT OPPORTUNITY ON BREAKDOWN 🔻
Price has rejected strongly from the $19.50–$20.00 resistance zone and continues its descent with lower highs and lows. The most recent bearish engulfing candle on the 1H confirms strong downside pressure. A break below $18.30 could lead to another leg down.
Trade Setup: Short Trade Signal🔴
Entry Point: $18.40 – $18.60
Stop Loss: $19.10
Take Profit: $17.60 / $17.20
Margin: 2–3% of wallet
Leverage: 10x
Market Outlook:
Momentum favors sellers. If $18.30 fails to hold, expect intensified bearish pressure towards lower supports.
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