🚨 $AVAX 1H Technical Analysis Update

The current price for $AVAX is holding steady at approximately $12.21, showing a minimal change of around +0.91% in the last hour.

However, the general market sentiment for AVAX remains bearish.

Most technical indicators (around 80%) are signaling a sell trend.

The price is trading significantly below its 200-day moving average.

Key support levels are around $11.28 and $12.95, while resistance levels are near $13.26 and $13.86.

Traders are advised to watch these key levels, as a break below support could trigger further downside, while overcoming resistance might hint at a short-term recovery.

⚠️Disclaimer: Cryptocurrency trading is highly volatile and risky. This is not financial advice. Always do your own research before investing

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