🔥 $AVAX under pressure, but the foundation is strong
Avalanche does not give up 👀
The ecosystem is growing: integrations, liquid staking ($AVAX — 64k stakers), active work with RWA. Developers continue to build, despite the market.
But 📉
The price is in a downtrend:
– -21% over the month
– -7% over the last 24 hours
– trading below key EMAs
MACD gives a short-term signal for a bounce, a Wolfe Wave is forming on the chart — a possible technical rebound.
🎯 Conclusion:
Short-term — caution and volatility.
Long-term — $AVAX remains a strong project that is being closely monitored.
