1 day ago

AVAX Tests Key Support as Descending Triangle Signals Possible Trend Reversal Ahead

TLDR: AVAX trades near $9 as price consolidates above key support within a multi-year descending triangle structure Strong buyer activity appears around $8–$10, with reduced volatility signaling a possible accumulation phase Resistance between $13 and $16 remains critical, with a breakout needed to shift short-term momentum A confirmed move above the descending trendline could open [...]

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Source: Blockonomi →