š $AVAX Market Update
I'm noticing AVAX at 23.36 (-2.01%), showing some weakness. Sellers are pushing near 23.35, but buyers are holding strong at 23.46.
Key Levels:
ā¢ Resistance: 24.40 | 24.20 | 24.00
ā¢ Support: 23.80 | 23.60 | 23.20
I'm watching for a breakout above 24 for strength. If 23.20 breaks, downside risk increases.
Do I think it bounces or slips lower?
Given the current pressure near 23.35 and the support at 23.46 holding, it could see a bounce if it holds above 23.20. However, a break below 23.20 could lead to a deeper decline. Keep an eye on 23.20 to gauge the next move.
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