š $AVAX /USDT SHORT TRADE SIGNAL
š„ Market Overview: $AVAX showing rejection at $35.40ā$35.60 resistance zone after a strong pump. Short-term exhaustion likely with potential pullback toward support levels.
š Key Levels:
Resistance: 35.40 ā 35.60
Support: 33.50 ā 33.10
š Trade Setup: SHORT Position Idea
Entry Zone: 34.80 ā 35.20
šÆ Take Profit Targets:
TP1: 34.00
TP2: 33.20
š Stop Loss: 35.70
š” Market Outlook:
If price fails to reclaim $35.60 with volume, sellers remain in control. A clean rejection could accelerate downside toward $33.00 support area.
ā” Strategy:
Short near resistance ā scale out profits at supports.
Trail stop once TP1 is hit to secure gains.
š Risk Management:
Risk/Reward ā 1:2
Never risk more than 1ā2% of capital per trade.