$AVAX Bearish for the short term. The 15-minute timeframe has already confirmed a breakdown; the shorts are controlling the market, so follow the move and look for a pullback.



Entry levels to watch are in the 6.613 to 6.778 range. Downside targets are 6.432 and 6.221. Place your defense at 6.981. Also, $ONE and $BANK may continue moving lower, so keep an eye on them together.

Be mindful of risk. AVAX near the MA99 around 6.560 may see a support bounce. Don’t chase too aggressively, and never go all-in—manage your position size according to your account.
AVAX-0.05%
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