🔴 $AVAX BEARISH REJECTION – DUMPING MOMENTUM ACCELERATING! 📉
Entry: 6.64-6.68 ⚡
Target: 6.30 🚀
Stop Loss: 6.78 ⚠️
🔍 Price failed to reclaim the 6.80 resistance zone, and sellers have stepped in with conviction. The current candlestick structure shows a clear bearish engulfing pattern on the 1H, with volume declining on each bounce attempt — a classic sign of weakening demand. 📉
💡 If this supply block holds, the next liquidity sweep targets the 6.30 region, where previous stop runs are clustered. The risk-to-reward is favorable for a measured move into the lower demand pool. 💬 Are you waiting for a retest of the entry range before pulling the trigger? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #AVAX #ShortSetup #Bearish #Crypto #AVAXTrading
🐻 📉
Entry: 6.64-6.68 ⚡
Target: 6.30 🚀
Stop Loss: 6.78 ⚠️
🔍 Price failed to reclaim the 6.80 resistance zone, and sellers have stepped in with conviction. The current candlestick structure shows a clear bearish engulfing pattern on the 1H, with volume declining on each bounce attempt — a classic sign of weakening demand. 📉
💡 If this supply block holds, the next liquidity sweep targets the 6.30 region, where previous stop runs are clustered. The risk-to-reward is favorable for a measured move into the lower demand pool. 💬 Are you waiting for a retest of the entry range before pulling the trigger? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #AVAX #ShortSetup #Bearish #Crypto #AVAXTrading
🐻 📉
