$AVAX USDT BEARISH RETEST AFTER BREAKDOWN 💯

Avalanche ($AVAX ) is showing weakness as price slips -4.12% and breaks below critical support on Binance.

Current Price: $22.55

Market Sentiment: Bearish

Volume Pressure: Over $55M USDT in 24h volume indicates high selling activity.

Key Levels:

Resistance:

$23.50 (Immediate rejection zone)

$24.00 (Major Bearish Flip Level)

Support:

$22.00 (Current Hold Zone)

$21.20 (Major Demand Zone to watch)

Trade Setup - Short Entry:

Entry: $22.80 - $23.30 (on bounce/retest)

Targets (TP):

TP1: $22.00

TP2: $21.20

TP3: $20.50

Stop Loss (SL): $23.65

Risk Management:

Use 1-2% of total capital per trade. Stick to SL, and don’t average down. Protect gains at key targets.

Watch for weakness near $23.50 – Ideal zone to ride the bearish momentum!

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