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$AVAX | 1H | Breakdown Retest Short
Bias: Short
Entry Zone: 6.42 to 6.46
Stop Loss: 6.56
Targets:
TP1: 6.34
TP2: 6.26
TP3: 6.18
Invalidation:
Close above 6.56
Why This Setup:
I see price rejecting the 6.55-6.67 supply area after a sharp selloff, and the bounce is losing momentum. I want to short any failed retest of resistance while the market keeps making lower highs and lower lows.