🔴 $AVAX /USDT: BEARISH REJECTION AT $8.53 – IS ANOTHER DOWNSWING COMING? $AVAX is facing strong selling pressure near the $8.53 resistance zone after recovering from the $8.07 liquidity area. The rejection suggests buyers are struggling to maintain momentum, while the broader short-term structure remains vulnerable after the sharp drop from $9.014. Watch for a liquidity sweep and bearish BOS below $8.30 to confirm further downside. A short position can be considered on a pullback into the $8.48–$8.55 supply zone with bearish confirmation. Entry: $8.48–$8.55 | SL: $8.66 | TP1: $8.30 | TP2: $8.15 | TP3: $7.98. A strong breakout above $8.66 invalidates this bearish setup. Trade with confirmation and proper risk management. Follow for more SMC-based crypto setups and technical market updates!
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