$AVAX /USDT — BEARS PRESSURE PRICE NEAR KEY SUPPORT
AVAX continues its descent from the $25.66 high, now testing the $23.50–$23.55 support zone. Selling momentum remains intact with repeated lower highs, but a solid defense at this level could trigger a short-term relief bounce.
Trade Setup (Short):
Entry Zone: $23.55 – $23.65
Take Profit 1: $23.30
Take Profit 2: $23.18
Take Profit 3: $22.90
Stop Loss: $23.85
Market Outlook:
Price action favors the bears as AVAX stays below intraday resistance at $23.85. A decisive breakdown under $23.18 could open the door toward $22.90. Bulls will need a reclaim above $24.00 to shift momentum.