$AVAX keeps the bearish thesis active as it stays trapped within a descending channel, showing clear rejection at the higher price boundaries. A move below the bottom of this range on a bearish candle makes the short conviction strong. If it powers past the recent local high, the downside premise weakens significantly.

Worth tracking from here, or does the range still need more time?

Execution plan (AVAXUSDT — SHORT)
Entry: 8.519 - 8.545 | SL: 8.606
Take profit: 8.458 → 8.399 → 8.325

#TradeSetup