$AVAX /USDT – Bearish Pressure Near Support
Avalanche ($AVAX ) is trading at $23.17 (-1.40%), retreating from the $24.18 high and testing support around $23.00. Momentum is leaning bearish, with sellers defending resistance at $24.
Bearish Trade Setup (Short Idea):
Entry Zone: 23.10 – 23.40
Target 1 (TP1): 23.00
Target 2 (TP2): 22.80
Target 3 (TP3): 22.50
Stop Loss (SL): 23.80
If $23.00 support breaks, AVAX could extend losses into the $22.50–$22.80 zone. Bulls would need a rebound above $23.80–$24.20 to shift momentum back upward.