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$AVAX (1h) - Resistance Rejection
Bias: Short
Entry (Zone): 6.62 - 6.78
Targets:
TP1: 6.34
TP2: 6.12
TP3: 5.86
Stop Loss: 6.96
Why this Setup:
I see AVAX stalling into a clear supply zone after a sharp drop, and the recent bounce is losing momentum. I want to fade this move while price stays below the recent swing high, with room for a pullback toward the lower support levels.