$AVAX is walking into a ceiling — one rejection and it gives back the move. 🔴

$AVAX - SHORT

Trade Plan:

Entry: 8.780 – 8.826

SL: 8.943

TP1: 8.663

TP2: 8.616

TP3: 8.523

Why this setup?

AVAX premium-to-sell structure idea on 4h; 1D context is bearish, so I’m trading the zone reaction. Key zone: (8.780-8.826) (midpoint 8.803). RSI 15m: 56 → momentum allows downside to develop. ATR 1H: 0.093 (~1.1%).

I’m watching reaction in (8.780-8.826); a confirm points first to 8.663. Acceptance beyond 9.265 cancels the idea. If momentum persists, extension can reach 8.523.

Debate:

Is 8.663 the first checkpoint, or does AVAX wick lower into 8.523?

Trade here 👇 and comment your bias!

AVAXUSDT

Perp

8.76

+0.71%