$AVAX - SHORT outlook

$AVAX at 8.82: bounce off the average or rejection back down?

Full plan completed on this one already. Same setup, later price, less size from me.

Setup:
Entry: 8.82–8.84
TP1: 8.75
TP2: 8.68
TP3: 8.6
SL: 8.91

At a glance price looks stuck on its 200 EMA, yet it sits 1.2% under it with the 34 and 89 stacked above. The stop sits 0.9% out while 8.82 still decides the idea.

⚠️ Personal market insight, not investment advice. DYOR.