📉 $AVAX
: Reversal or Another Drop?

AVAX is trading around $8.45 on the monthly chart after a massive decline from its previous highs.

Key levels to watch:

- Support: $5.68
- Current price: $8.45
- Major resistance: Around $17.20

The long-term trend remains weak. A strong recovery needs confirmation from volume and price structure.

Do you think AVAX can recover? 🚀

$AVAX #Avalanche #CryptoAnalysis #Altcoins!