đš AVAX/USDT: THE 12$ REJECTION IS GETTING INTERESTING đ
AVAX rejected strongly from 12.008 and is now trading around 10.96.
On the 4H chart, I'm watching the 11.15â11.30 area as the key decision zone.
đŽ Bearish scenario:
Rejection from 11.15â11.30 â bearish confirmation â continuation lower.
đŻ TP1: 10.80
đŻ TP2: 10.33
đ Invalidation: above 12.00
â ïž I wouldn't chase the short here.
The setup becomes interesting if price gives the confirmation at the level.
The key question:
Will AVAX reclaim 11.30⊠or continue building a lower high? đ
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