$AVAX just broke below its short-term trendline on the 1h chart. ๐๐จ
The price is sitting right at key horizontal support around $8.02. If this level fails, the bears are completely in control, opening the door for a deeper flush toward the macro floor near $7.38.
Structure is flashing signs of weakness here.
#AVAX #Avalanche #TechnicalAnalysis #BinanceSquare
The price is sitting right at key horizontal support around $8.02. If this level fails, the bears are completely in control, opening the door for a deeper flush toward the macro floor near $7.38.
Structure is flashing signs of weakness here.
#AVAX #Avalanche #TechnicalAnalysis #BinanceSquare
