AVAXUSDT Perpetual Contract
Short
Updated

Avalanche(AVAX): Waiting For Breakdown!

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We are monitoring AVAX coin here after seeing a nice rejection take place.

Long story short, we are looking for a breakdown of that 100EMA zone, which is also acting as a smaller support zone for now.

Upon breaking this zone, we might see a nice fall of almost 35% take place, so definitely keep an eye on this one!

Swallow Team
Note
snapshot
Avax has reached a point of turning where it is pushing for a potential breakout of that upper resistance. Now you have to monitor that daily candle to see where and how it will close.

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