#AVAX LTF Analysis:

$AVAX is forming a descending triangle, a bearish continuation structure. $AVAX keeps making lower highs while pressing against a flat demand zone, showing sellers are in control.

AVAX
AVAXUSDT
11.71
+0.63%

As long as AVAX stays below the descending trendline, the bias remains bearish, with risk of a breakdown from the base. A clean loss of this support would likely trigger the next leg down. Only a strong breakout above the trendline would invalidate this setup