📉 AVAX — continuation of the correction
The asset is gradually continuing to decline and moving toward the next significant support level around ~$8.2.
My view:
Selling pressure is dominant even after a strong correction. From the current local sideways range, I expect a further decline to the marked target.
The structure remains bearish, so the corrective scenario is favored.
#AVAX #Avalanche $AVAX
The asset is gradually continuing to decline and moving toward the next significant support level around ~$8.2.
My view:
Selling pressure is dominant even after a strong correction. From the current local sideways range, I expect a further decline to the marked target.
The structure remains bearish, so the corrective scenario is favored.
#AVAX #Avalanche $AVAX
