$AVAX /USDT — BEARS PRESSURE PRICE INTO CRUCIAL SUPPORT ZONE

Avalanche has plunged from the $25.99 high to touch $23.18, marking a steep -8% intraday drop. Price remains firmly below all key moving averages, with the 7-MA and 25-MA sloping aggressively downward, signaling persistent selling momentum. Unless bulls reclaim the $23.80–$24.00 resistance area, downside pressure is likely to continue.

Trade Setup (Short Bias)

Entry Zone: $23.25 – $23.50

Take Profit 1: $23.00

Take Profit 2: $22.80

ok tra

bb

Stop Loss: $23.85

Market Outlook:

The hourly chart structure favors sellers, with consecutive lower highs and lower lows confirming the bearish trend. A clean break below $23.18 could expose $22.50 as the next target. Bulls need a decisive close above $24.00 with volume to shift sentiment.

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