📉 $AVAX /USDT BEARISH MOVE IN PLAY – SELLERS IN CONTROL! 🔻
$AVAX is currently trading at $17.86 (-1.49%), showing clear bearish momentum after rejection from the resistance zone. Price is hovering near local lows, signaling further downside potential.
📊 KEY LEVELS TO WATCH:
🔺 Resistance Levels:
$18.35 – Intraday resistance
$18.60–$19.00 – Major daily supply zone
🔻 Support Levels:
$17.69 – Immediate support
$17.20 – Key horizontal support
$16.50 – Major support & potential bounce zone
📉 Trend Indicators:
MACD: Bearish crossover 🔻
EMA: Price trading below key EMAs 📉
Volume: Increasing on red candles, confirming sell pressure 📊
🧨 TRADE SETUP (SHORT):
📍 Entry Zone: $17.80 – $18.00
🎯 Take Profits:
TP1: $17.20
TP2: $16.50
TP3: $15.80
🛑 Stop Loss: $18.45 (above resistance wick)
⚠️ RISK MANAGEMENT:
🔸 Use only 1-2% of your capital per trade
🔸 Always set SL & TP before entry
🔸 Avoid overtrading – wait for confirmation
🚨 Stay sharp, follow the trend, and manage your risk wisely! 💼📉
#TrumpTariffs #AltcoinETFsWatch #DayTradingStrategy #MuskAmericaParty #Write2Earn! $AVAX