$AVAX is currently trading near the $24 support level, showing signs of resilience against the prevailing downtrend. The price action suggests a potential for a bullish reversal, especially if the market experiences a broader bounce.
Support Level: $AVAX s holding strong at the $24 support level.
Downtrend Resistance: The price is currently squeezed against the local downtrend resistance.
Bullish Potential: A market bounce could trigger a significant upward move for $AVAX.
If you're bullish on $AVAX, consider monitoring the price action closely for signs of a breakout. A move above the local downtrend resistance could signal a potential buying opportunity.
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