📉 $AVAX /USDT – Bearish Setup After Rejection! ⚡
$AVAX is trading at $26.05 (+7.47%), after rallying strongly from $25.20 to the intraday high of $26.77. However, the sharp rejection at the top and consecutive red candles suggest sellers are stepping in to cool off the momentum. A breakdown below $26.00 could accelerate bearish pressure.
🔑 Key Levels:
🚫 Resistance: $26.50 – $26.77
📉 Support: $25.50 – $25.20
⚖️ Mid-Level: $26.05
📊 Bearish Trading Setup:
Entry Zone: $26.05 – $26.50
🎯 Target 1: $25.60
🎯 Target 2: $25.35
🎯 Target 3: $25.20
🛑 Stop Loss: Above $26.80
⚡ Pro Tip: If $26.00 fails to hold, expect a quick retest of $25.50–$25.20 zone, where stronger buyers may reappear.