$AVAX on the brink—will a break below $23 unleash bears? After a sustained decline from the $27 area, $AVAX is currently holding onto key support at $23.00. Sellers dominate the chart, with pressure exceeding 56%, and momentum has yet to show signs of a reversal. A break below this level could open the floodgates for further declines. However, bulls may attempt a short-term defense—keep an eye on this level. 📉 Trade Setup – Short Bias: Entry Zone: $23.15-$23.25 Stop Loss: $23.60 Target Price 1: $22.40 Target Price 2: $21.80 Target Price 3: $20.90 Key Level: A strong close below $23.00 could confirm a continuation of the downtrend.
IconAVAX
AVAX
-3.12%
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