$AVAX ‌AVAX Market Update

AVAX has been losing momentum after failing to hold the recent push above the mid-range. The price pulled back sharply and is now sitting near a short-term support area where buyers reacted before. Volume has been fading, which usually signals a cooling period rather than panic selling.

1H–4H View (Short-Term)
The market is in a corrective move. If this support holds, AVAX could attempt a small recovery toward the previous breakdown zone. RSI is sitting in the lower range, meaning the downside pressure might be slowing. A quick bounce wouldn’t be surprising.

Daily View (Mid-Term)
The bigger trend is still mixed. AVAX needs a clean break above the previous lower-high region before any strong momentum returns. Until then, the market may continue moving sideways with mild dips and small recoveries.

Prediction (Personal Opinion Only)
If buyers step in at current levels, AVAX may slowly grind back toward the mid-range.
If support fails, the market may retest deeper zones before attempting a stronger reversal.

Always manage risk and trade carefully. This is just a market observation, not financial advice.