$AVAX /USDT – BEARISH TRADE SETUP
$AVAX faced rejection from 29.05 and dropped sharply to 28.29, with price now struggling below the key moving averages (MA25: 28.64 and MA99: 28.51). The candles show persistent selling pressure, and as long as price trades under these resistance zones, downside momentum may continue.
📉 Short Entry: 28.40 – 28.50
🎯 Targets (TP): 28.10 / 27.80
Stop Loss (SL): 28.70
Failure to reclaim 28.60 would confirm weakness and open the way for a deeper correction. Bears remain in control unless a strong breakout above 28.70 occurs.
