$AVAX /USDT BEARS DOMINATE – PRICE HEADING FOR DEEPER CORRECTION!

AVAX is trading at $23.95, down 7.17% in the last 24h, reflecting strong bearish sentiment. Price has broken below the $24.50 support, turning it into resistance, and is now consolidating near the $24.00 zone. If sellers maintain pressure, the next target could be the $23.50 - $23.00 support range. Momentum indicators suggest weakness with no strong recovery signs yet.

Trade Setup:

Entry (Short): $24.00 - $24.30

Targets (TP): $23.50, $23.00, $22.50

Stop Loss (SL): $24.80

Market Outlook:

The trend remains bearish as long as price stays below $24.80. A break below $23.50 could open the door for a sharper drop, while a strong close above $24.80 would signal a potential reversal.

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