$AVAX | DAILY UPDATE AVAX is around $8.30 after yesterday’s push to $9.16 failed to hold. The $8.28 area is being tested again, with the October low at $8.00 underneath. Buyers have work to do before this looks like a lasting recovery. My first improvement would be a daily close above $8.697, followed by a successful hold or retest. That was the November 1 closing level and this week’s starting point. Taking it back would make another test of $9.16 more convincing. Above $9.16, I would watch the earlier $9.35 resistance before looking toward $10.05. Those are separate hurdles, I don’t expect one brief breakout to clear the entire path. If AVAX closes below $8.28 and cannot recover, $8.00 becomes the next important test. Today has already traded below $8.28, but the daily candle is still open. I want the close before treating that level as lost. The weekly structure still shows pressure after several lower closes. For me, defending a low is a start, while recovering the levels above would be stronger evidence that buyers are rebuilding. Hope this helps you with your own charts. 🫶 Give me a follow if you’d like to see more, I’ll keep sharing what I’m watching.