AVAX remains in a broader downtrend, but price is now sitting at a well-defined demand zone where selling pressure has clearly slowed. The aggressive move down has transitioned into tight, compressed candles, often seen when sellers begin to lose control.
Market structure is still technically bearish, but momentum is no longer expanding lower. Instead, price is stabilizing, suggesting the move may be shifting from continuation into a potential pause or base.
If this area holds, a relief move back into prior resistance and high-volume territory becomes likely. If it fails, AVAX risks another leg lower with little support below.
This is a high-importance zone where the next trend leg forms.
Bounce or breakdown?
Market structure is still technically bearish, but momentum is no longer expanding lower. Instead, price is stabilizing, suggesting the move may be shifting from continuation into a potential pause or base.
If this area holds, a relief move back into prior resistance and high-volume territory becomes likely. If it fails, AVAX risks another leg lower with little support below.
This is a high-importance zone where the next trend leg forms.
Bounce or breakdown?
Check me out btdcrypto.com/links/
Похожие публикации
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
Check me out btdcrypto.com/links/
Похожие публикации
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.