The irony? A treasury company’s debut just dumped AVAX to new lows. 👀
AVAX is getting crushed under its own treasury weight—15M tokens sitting at a 5-year low as selling pressure dominates. Buyers are exhausted, and this looks like a classic liquidation trap.
Short $AVAX now — swing trade.
TP: $22
SL: $28
Because the treasury’s massive token dump is overwhelming demand, creating a liquidity-free zone ripe for short-lived rallies before the next leg down.
#AVAX #cryptotrading #altcoin