$AVAX /USDT – DEAD CAT BOUNCE OR TRUE REVERSAL? 🔻
BELOW KEY AVL $17.59
MINOR RELIEF FROM $17.43 LOW — BUT WEAK VOLUME
NO STRONG BREAKOUT FROM LOWER HIGH ZONE
AVAX is showing a shallow bounce, but no real strength above key intraday levels. The short-term downtrend remains intact unless bulls flip $17.75 with conviction.
🔴 SHORT TRADE SETUP
Entry: $17.58
TP: $17.20
SL: $17.74
Momentum favors bears unless bulls break structure. Fade the bounce — not buy it yet.