$AVAX /USDT SHORT TRADE SIGNAL š“
LOWER HIGH FORMED BELOW 17.60
REJECTION FOLLOWED BY STRONG RED CANDLE
DOWNTREND RESUMES AFTER WEAK RETEST ā¬ļø
$AVAX failed to hold above 17.45 and printed a lower high near the 17.60 zone. The price action shows a clear bearish engulfing candle on the 30-minute chart, suggesting renewed selling pressure.
š» Trade Setup:
⢠Entry Point: 17.30 ā 17.45
⢠Stop Loss: 17.65
⢠Take Profit:
TP1: 17.10
TP2: 17.00
TP3: 16.80
⢠Margin: 2ā3%
⢠Leverage: 10x
š Market Outlook:
AVAX remains in a descending structure, struggling to break above lower highs. Breakdown below 17.30 confirms short-term bearish continuation toward previous demand levels.
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