At the time of writing, the price of #avalanche is trading at just under $28. Hence, the recent volatility in Avalanche shows a bullish correction in the cryptocurrency. This allowed it to re-enter the $27 support and stay above the defined value area below $26. Although one might imagine this rally continuing, Avalanche's short-term trend remains bearish. In the medium to long term, Avax's trend appears to still be bullish. However, it is increasingly worrying, as evidenced by the 50- and 200-day moving averages, which are both above the cryptocurrency price and both trending lower. Unsurprisingly, in terms of Avalanche's momentum, you can see that it has declined significantly, as evidenced by its price.#Binance #solana