$AVAX /USDT BEARISH BREAKDOWN AHEAD! š»š
AVAX is currently trading at $19.04, down 6.11% š ā showing strong bearish momentum. A critical support level has just broken, suggesting more downside potential. Here's the technical outlook š
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š KEY LEVELS:
Resistance Zones:
š¼ $21.38
š¼ $22.00
š¼ $23.00 ā Major Supply Zone
Support Zones:
š½ $18.78 ā Minor Support
š½ $18.50 ā Next Key Level
š½ $17.00 ā Target Zone on Breakdown
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š„ TRADE SETUP (SHORT):
š» Entry: $19.00 ā $19.10
šÆ Targets (TP):
ā⢠TP1: $18.50
ā⢠TP2: $17.50
ā⢠TP3: $17.00
š” Stop Loss (SL): $20.20 ā Above broken structure
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ā ļø RISK MANAGEMENT:
Risk only 1-2% of your capital. Stick to SL. Let the trade come to you ā no chasing! š°š”
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š Trend Bias: BEARISH
š Watch price action near support levels for further continuation or potential bounce.
#CryptoTrading #AVAX #TechnicalAnalysis #BearishSetup #ShortTrade $AVAX