$AVAX is a patience trade on the short side if it gives back the low point of the current trading range. The recent sequence of candles clearly forms lower highs and lower lows against the upper boundary. If the price manages a strong close above that recent swing high, the thesis breaks down.

AVAXUSDT | SHORT
Entry 9.429 - 9.449
Invalidation 9.487
Targets 9.391 / 9.353 / 9.306

A clean invalidation ends the thesis — no averaging into it.

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