#anylysis #educational_post
$AVAX is testing the bottom of a long-term descending channel on the weekly — right into a key $8–$10 support zone.
Momentum is fading, making this a potential reversal area.
Bullish: Hold this level → $20–$40+
Bearish: Lose it → $6–$7
Key trigger: Strong weekly close above $12–$14
AVAXUSDT
Prep
9.751
+0.57%