$AVAX /USDT BEARISH PRESSURE — FURTHER DOWNSIDE EXPECTED ⚠️
$AVAX is currently failing to hold above MA25 (9.03) and MA7 (8.79), indicating persistent selling pressure. Price is hovering near immediate support at 8.67–8.70, while lower timeframes show weakening momentum. Expect continued downside toward key support zones before any bullish recovery can take hold.
📊 Trade Setup
🔴 Entry Zone (Short Bias): 8.79 – 8.70
🎯 Take Profits:
TP1: 8.60
TP2: 8.50
TP3: 8.40 (if bearish momentum persists)
🛑 Stop Loss: 8.90 (just above MA7 resistance)
🔎 Market Outlook
Momentum: Bearish; lower highs and lower lows forming.
Trend: Downtrend confirmed below MA25 and MA99.
Key Levels: Resistance at 9.03 / 9.52, Support at 8.60 / 8.50
Volume: Moderate, slightly declining, showing lack of buying strength
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