$AVAX 24-hour low, current price 8.737, previous low 8.761.
Three common moves after a new low:
① Rebound to touch the previous low, then get pushed back down: the decline continues
② Repeated back-and-forth near the previous low: shares change hands while the market waits for direction
③ Quickly reclaim the previous low and hold above it: a false breakdown
Currently still below the previous low; watching to see whether it follows ① or ②.
#AVAX
Three common moves after a new low:
① Rebound to touch the previous low, then get pushed back down: the decline continues
② Repeated back-and-forth near the previous low: shares change hands while the market waits for direction
③ Quickly reclaim the previous low and hold above it: a false breakdown
Currently still below the previous low; watching to see whether it follows ① or ②.
#AVAX