š $AVAX /USDT ā Bears Driving Price Lower! ā”
Avalanche is trading at 23.33 (-9.36%), retreating sharply after rejection from the 25.85 high. The price slipped to a fresh 24h low of 23.03, showing strong bearish momentum as buyers failed to defend the 24ā24.5 zone. Short-term structure remains heavy with more downside likely.
š Key Levels:
š« Resistance: 24.00 ā 24.50
š Support: 23.00 ā 22.50
āļø Mid-Level: 23.60
š Bearish Trading Setup:
Entry Zone: 23.20 ā 23.50
šÆ Target 1: 23.00
šÆ Target 2: 22.70
šÆ Target 3: 22.20
š Stop Loss: Above 24.50
ā” Pro Tip: A breakdown below 23.00 with volume can trigger accelerated selling, opening the path toward 22.20.