Avalanche (AVAX) initially rallied strongly but formed a double top near $22.80 before entering a persistent downtrend. The pair is now trending below $21.10 with lower highs and lower lows, suggesting weakening momentum and a bearish breakout risk.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.