AVAX: bounce or pullback? key levels to watch in the next days

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AVAX: bounce or pullback? key levels to watch in the next daysAVAX / TetherUSBINANCE:AVAXUSDTTrade_Logic_AIAVAX. Is this bounce the start of a real trend or just liquidity for smarter money to short into? AVAX has been riding the general altcoin relief mood while traders rotate back into layer 1 names, but it is still lagging the leaders according to market chatter. That mix of hope and hesitation is exactly where good range trades usually hide. On the 4H chart, price is tapping back into a heavy supply zone around 9.1-9.7, right where the volume profile peaks and previous rallies got smacked down. RSI is neutral near 50, so this looks more like a retest of resistance than fresh momentum. I am leaning short from this red zone, expecting sellers to defend and push price back toward the green demand area around 8.3-8.6. My base plan: fade this resistance with tight risk - invalidation if AVAX accepts above 9.7 and starts closing 4H candles there, which would open room toward 10+. ✅ Downside target for the range trade sits at 8.5 first, then possibly 7.8 if the green zone finally gives way. I might be wrong, but until bulls prove they can hold above the red box, I treat this as a sell-the-rip market, not a chase-the-breakout one.