$AVAX – Rejection Near Highs, Momentum Fading ⚠️

Trading Plan: Short $AVAX

• Entry: 9.10 – 9.60

• Stop Loss: 10.10

Targets:

• TP1: 8.40

• TP2: 7.80

• TP3: 7.20

Analysis:

Price pushed strongly into resistance but is now stalling near the highs. The structure is weakening — each bullish push is showing less strength and follow-through.

From the chart, you can already see rejection around 9.6 area followed by slight pullback, which supports the idea of exhaustion.

When price behaves like this at resistance, it often signals:

• Buyer fatigue

• Liquidity being taken at the top

• Potential shift to bearish momentum

👉 This sets up a pullback scenario, with sellers likely to step in and drive price lower.

Key Insight:

Strong moves that fail to continue at highs usually don’t consolidate — they roll over.$AVAX

AVAXUSDT

Trvl

9.261

-4.29%