$AVAX Avalanche price analysis........📈📈📈

AVAX

$34.89

 turned down from the 20-day EMA ($39) on April 24, but the bears are finding it difficult to pull the price below the uptrend line.

#AVAX/USDT daily chart.

The bulls will have to push and maintain the price above the downtrend line to signal a potential short-term trend change. The AVAX/USDT pair could then attempt a rally toward the 50-day SMA ($47).

This optimistic view will be negated in the near term if the price continues lower and breaks below the uptrend line. That could sink the pair to the $32 to $27 support zone, where buyers are likely to step in.

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