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$AVAX Continue to stay bearish this round.
From the current chart, AVAX keeps failing to reclaim the moving average. This level will most likely meet resistance and pull back to test support. You can watch for short opportunities in the 6.541 to 6.705 range, with a downside target around 6.363 to 6.155. Place your defense at 6.906.
But everyone, pay attention to the risks: if the 15-minute MA99 is suddenly reclaimed, it could trigger a short squeeze. Don’t go all-in—control your position size according to your account. Just follow the trend and look lower.