🚨 $AVAX at $8.95 | Discount Zone or Breakdown Signal?

⭐️Avalanche (AVAX) is currently trading around $8.95, sitting in a price zone many traders consider oversold but critical. With volatility picking up, eyes are on whether this level holds or gives way.

🔍 What’s Happening?

• Strong support area near current price

• Volume suggests buyers are stepping in

• Macro sentiment still cautious

📊 Technical Snapshot:

If AVAX holds above $9, it could attract short-term bounces toward higher resistance zones. A decisive break below $8.80–$8.50 might open doors to deeper consolidation.

🧠 Market Question:

Is this a value entry for $AVAX , or does it need more time to stabilize?

👇 Tell us your take!

👍 Bullish bounce coming

👀 More downside first

#AVAX #Avalanche #AVAXArmy #Write2Earn #BinanceSquareFamily

AVAX
AVAX
9.12
-1.61%