$AVAX UNDER PRESSURE – Breakdown or Quick Rebound?
AVAX/USDT is currently trading around $21.46, sliding lower after repeated rejection at resistance. Sellers are in control for now, but a sharp rebound can’t be ruled out near support.
Key Levels to Watch
• Resistance: $21.90 – A breakout above this could push AVAX toward $22.20 and $22.50.
• Support: $21.20 – Losing this level could drag AVAX down toward $21.00 and $20.60.
Trade Setup – Volatility Picking Up!
Bullish Entry: A confirmed move above $21.90 could target:
• TP1: $22.20
• TP2: $22.50
Bearish Entry: A break below $21.20 could target:
• TP1: $21.00
• TP2: $20.60
Stop-Loss: Use tight stops based on direction to minimize risk exposure.