🚨 $AVAX / USDT – SHORT TRADE SIGNAL (1H Timeframe)

🔥 Market Overview:

$AVAX has broken below the $29.00 support zone, confirming a bearish structure on the 1-hour chart. After multiple failed attempts to reclaim the $30.50–$31.00 resistance area, price has dropped sharply, forming consecutive bearish candles with strong volume — indicating growing selling pressure.

The current retest of the $28.50–$28.60 region (previous support turned resistance) offers a clean short opportunity. Momentum indicators are tilting bearish, with the Aroon showing a strong downtrend bias.

🔑 Key Levels:

Resistance Zone: $28.90 – $29.30

Support Zone: $27.00 – $26.60

📌 Trade Setup (Bearish Continuation):

💰 Entry Zone: $28.50 – $28.70

🎯 TP1: $27.20

🎯 TP2: $26.65

🛑 Stop Loss: $29.26

💡 Market Outlook:

The market structure has clearly shifted to lower highs and lower lows, confirming a bearish continuation pattern.

As long as $$AVAX emains below $29.00, sellers are in control.

A successful breakdown retest could push price toward the $27.00 and $26.60 targets, making this setup ideal for short-term traders.

Watch for volume confirmation — a rejection from $28.70 strengthens the bearish setup.

#AVAX #SHORT #BearishSetup #TradeSignal