VIP MARKET UPDATE: $AVAX

$AVAX

AVAX
AVAXUSDT
9.192
+7.28%

➖➖➖➖➖➖➖

$AVAX is now sitting around the 8.71 area after a sharp rejection from the recent highs, and the important part is that price reacted right above the 8.63 support zone. That makes this a key area, because buyers need to defend it if they want to stop this move from turning into a deeper downside extension.

As long as AVAX keeps holding above 8.63, this can still turn into a support reaction rather than a clean breakdown. If buyers step in here, a recovery bounce remains possible, while losing this zone would be the clearest sign that sellers are starting to take stronger control.

➖➖➖➖➖➖➖

#AVAX