$AVAX wedge broke, bears in control 📉 Price got rejected hard near 6.80 and is now sliding back down inside a descending channel. The bounce was clean — and so was the trap. 🧨 Trigger to flip: a daily close above 7.20 changes the picture. Below that, the path points toward 5.00. 🎯 Bears have the momentum here. No real buyer absorption at current levels — just liquidity sitting lower waiting to get hit. ⚡️ 5.00 is the channel support. That's where this leg could find its first real test. 👀 -- ⚠️ More analytics and education: 👉 [ t.me/gainmuse] -- 🚀 Hit the LIKE button if this analysis helps you! $AVAX #Avalanche #AVAX Price Analysis#