$AVAX is hovering near the $9.15 mark. It’s been on a slight downtrend over the last 24 hours, with a high of $9.34 and a low of $8.95.
My Take: We are sitting right at a multi-month low. The $8.50 - $8.90 zone is acting as a "must-hold" support. If we can maintain this level, a relief bounce is likely. But don't expect a major bullish reversal until we reclaim the $10.20 resistance.