$AVAX , a quick overview

👉mid-term (weeks): it seems like #AVAX broke its downward trend and after establishing a new higher high, went through a correction (1 week already). It is close to its support level now, hopefully, will bounce and grow. Give it a few days more to develop

👉short-term (days): going through a downward channel. Wait until it breaks the pattern.

⚡micro (24 hrs): hits its support level, expected to grow. Might move sideways for a while with another dip though. Better wait or use SL if you open long.

📰News: MEMErium (AVAX competitor) is in pre-sale and is gaining popularity, which is not great for AVAX. This might affect AVAX pricing (negatively).

Stay tuned and DYOR :)