AVAX/USDT Perpetual Contract
Short
Updated

Avalanche (AVAX): Another Fake-out Above 200EMA / Sign of Drop

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Avalanche has formed another fake-out above the 200EMA, where sellers took over the zone and now the price is declining, forming a possible BOS.

With markets showing weakness overall, we can expect the target area for this coin to be $14.60 so eyes there! As long as sellers dominate over the 200EMA, we are good for a drop here!

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