At the moment, AVAX is trading alongside the channel's support area. This area will determine which direction AVAX will trade in the short-term.
In case of a bounce from this area, I'm looking at the top of the channel for a potential target.
In case AVAX falls through the support, expect more selling towards $20, potentially even $17 if the drop is extreme.
In case of a bounce from this area, I'm looking at the top of the channel for a potential target.
In case AVAX falls through the support, expect more selling towards $20, potentially even $17 if the drop is extreme.
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