$AVAX /USDT BEARISH PRESSURE BUILDING ⚠️ | TECHNICAL ANALYSIS UPDATE
📉 Current Price: $17.93 (−0.22%)
🔍 Market Outlook: AVAX is showing weakness below $18.00 with lower highs forming — potential for further downside if support cracks.
---
🔑 Key Levels:
Resistance Levels:
🔸 $18.00 – Psychological Barrier
🔸 $18.06 – Supply Zone
🔸 $18.10 – Intraday Resistance
Support Levels:
🔹 $17.89 – Immediate Support
🔹 $17.85 – Critical Zone
🔹 $17.80 – Breakdown Point
---
📊 Trade Setup – SHORT IDEA:
🎯 Entry: $17.92 – $17.95
🎯 Take Profits:
• TP1: $17.85
• TP2: $17.80
• TP3: $17.65
🛡️ Stop Loss: $18.10
---
📌 Risk Management:
Use 1–2% risk max per position. Keep SL tight above resistance & exit early if reversal signs appear. Discipline is key. 📉🔐
#AVAX #CryptoTrading #BearishSetup #BinanceUpdate #TradeSmart $AVAX