Avalanche (AVAX) has faced a prolonged correction since late 2024 and has yet to fully recover. Current technicals suggest the asset may need more time before initiating wave F. However, the highlighted support zone could attract strong buyers, setting the stage for a potential rebound.
๐ก Market Insight
AVAX continues to consolidate after heavy corrections. The highlighted support area remains the key level where accumulation may occur.
๐ Trading Strategy
Traders should monitor the support zone closely. A strong reaction from this level could provide early signals for wave F and a possible trend reversal.
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