$AVAX /USDT – Layer 1 Token Under Pressure, Testing Key Support
Avalanche ($AVAX) is trading at $21.48 (-8.28%), retracing from the 24h high of $23.55 toward its low of $21.09, as selling pressure intensifies. With a 24h volume of 3.20M AVAX / $71.10M USDT, liquidity remains strong but sentiment has turned cautious. The depth chart shows visible bids forming between $21.09 and $20.92, indicating potential short-term support. If bulls can defend this zone, a rebound toward $22.36–$23.08 is possible. However, a clean break below $21.00 could expose $20.00 psychological support. Watch the next 4H candle close for direction.
