After experiencing several waves of surges, AVAX's daily trading volume is now gradually declining. The current high point of the price trend is constantly lowering and the lowest point is constantly rising. It is in a consolidation stage with little profit margin. It is not a good place to trade at this time. As for the timing, it is recommended to wait and see for a period of time before making a judgment. If it breaks through the suppression line, go long, and the target is 64, 52-54 will be a strong support level; if it falls below the trend line, you can go short, and the pattern target is the sub-trend line. Stop loss is at 55.
The currency fluctuates a lot, and the pins are inserted a bit frequently, so stop losses and enter the market with small funds.
