#AVAX Key Levels:

Support Levels: 23.25 (EMA Slow Line) / 22.90 (Previous Low)

Resistance Levels: 23.57 (Intraday High) / 23.86 (High from May 5-22)

Action Suggestion:

In the short term, it can still be viewed as an upward trend, but caution is needed for the following reversal signals:

1. If it drops below 23.25 (current EMA Slow Line), it may turn into a range-bound market.

2. If the MACD histogram continues to shrink and turns negative, it will confirm the exhaustion of momentum.

3. Need to observe whether the next candlestick can increase volume.