Avalanche (AVAX/USD) Market Faces Bearish Rejection From Key Supply Region

Avalanche Price Prediction

AVAXUSD market faces bearish rejection from key supply region. A successful retraction from the bearish order block will likely lead to a massive crash.

Technical indicators suggest a potential bearish reversal for AVAXUSD. The 9-day Simple Moving Average (SMA) currently at $19.530 is acting as dynamic resistance, with the price hovering just above it.