A new $AVAX 24-hour low has been confirmed.
24h -4.63%, current price 10.605, previous low 10.661.
From the structure, a new low means the bulls' defense line has been breached. On a rebound, first see whether it can recover the previous low; if it can't recover, weakness may continue, and only if it does recover is there hope of a false breakdown. What do you think?
Personal observation, not investment advice, please be aware of the risks.
24h -4.63%, current price 10.605, previous low 10.661.
From the structure, a new low means the bulls' defense line has been breached. On a rebound, first see whether it can recover the previous low; if it can't recover, weakness may continue, and only if it does recover is there hope of a false breakdown. What do you think?
Personal observation, not investment advice, please be aware of the risks.