$AVAX USDT BEARS IN CONTROL — MAJOR SUPPORT UNDER THREAT
AVAX has entered a sharp downward slide, with price breaking below multiple intraday supports on strong bearish candles. The 1H chart shows no signs of reversal as the asset grinds toward the 16.70 zone. If this level fails to hold, further selling pressure could accelerate the decline toward deeper liquidity pools.
TRADE SETUP 🔻 Short Trade Signal
Entry Zone: 16.85 – 17.00
Take Profit 1: 16.40
Take Profit 2: 15.90
Stop Loss: 17.25
Leverage: 10x
Risk Allocation: 2–3% of wallet
MARKET OUTLOOK
Momentum is clearly bearish, with lower highs and consistent red candles defining the short-term trend. Volume favors sellers, and the market is hunting for the next demand zone. Unless AVAX reclaims 17.25, the path of least resistance remains downward.
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buy and trade here on $AVAX