🚨 BREAKING: $AVAX losing strength — breakdown still in control
Sharp drop followed by weak sideways movement → no real bullish recovery yet.
Price struggling below key MAs → sellers still dominating trend.
📰 Related News:
Layer-1 tokens facing pressure as capital rotates into BTC and short-term narratives. AVAX seeing declining momentum with reduced buying interest.
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📊 $AVAX/USDC — SHORT 📉 (Weak Bounce Continuation)
Entry: 9.30 – 9.50
Stop Loss: 9.75
Take Profit:
TP1: 9.00
TP2: 8.60
TP3: 8.10
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🧠 Market Insight:
• Clear downtrend (lower highs + breakdown structure)
• Price below MA25 & MA99 → bearish continuation bias
• Weak bounce = likely liquidity grab before next leg down
• Volume spike on dump confirms strong selling pressure
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🔥 Related plays to watch:
$DOT $ATOM (Layer-1 sector weakness)
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🤔 Is AVAX forming a base… or just pausing before another drop?
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👇 Click here to Trade 👇️
