$AVAX

You can see the mixed situation because the action is happening below EMA89 but above MA200. Mixed but still bullish because MA200 is the stronger indicator here. As long as AVAXUSDT trades above this level a long-term bullish bias is confirmed.

Avalanche is consolidating in anticipation of a major price advance and bullish breakout, it will be the strongest advance in years.

The action is not bearish because there are no new lows since April. After the April low there was a small recovery, prices moved higher but then turned sideways. This sideways period which is relatively short will produce additional growth.

Market conditions continue to be good. Patience is key.

Namaste.