$AVAX The price is trading below the 50-day SMA, but is still above the resistance level at 10.054, while the RSI at 35.7 indicates moderate oversold conditions.
If the price breaks above 10.054, it could continue upward toward 10.500, but if it stays below 9.055, a pullback to 8.800 is possible.
The risk of increased volatility remains due to the sharp decline over the past 24 hours and high trading volume. #Binance
If the price breaks above 10.054, it could continue upward toward 10.500, but if it stays below 9.055, a pullback to 8.800 is possible.
The risk of increased volatility remains due to the sharp decline over the past 24 hours and high trading volume. #Binance