$AVAX /USDT FACING STRONG RESISTANCE AFTER WEAK REBOUND
BEARISH STRUCTURE STILL INTACT
RECENT BOUNCE SHOWS LOSS OF MOMENTUM
LOWER HIGH FORMATION SIGNALS SELL PRESSURE
$AVAX rebounded from $17.64 but has failed to break through the $18.40 resistance zone. Price action remains weak with declining volume, suggesting a potential continuation of the downtrend if bulls don’t step in soon.
🔴 SHORT Trade Setup:
Entry Zone: $18.20 – $18.40
Take Profit (TP): $17.70 / $17.10
Stop Loss (SL): $18.65
Market Outlook:
With a dominant downtrend and no major breakout confirmation, AVAX risks falling back toward recent lows. Caution advised on longs until a trend reversal is confirmed.
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