The chart shows a descending triangle pattern, which is generally considered bearish. Additionally:
The price is below the 99-period EMA (36.33), indicating bearish momentum.
The RSI is near oversold levels (29), which could suggest a potential reversal or continuation of the downward trend.
Signal: Sell, unless there’s a confirmed breakout above resistance. Monitor closely for any reversal signals near key support.
its just suggestion not a investment guide do everything on your own risk ,and analysis well #AVAX/USDT $AVAX
