💰 Let's look at the #AVAX asset on the 4-hour timeframe:

— now the price is in the middle of the range and after a decline it is trying to recover, but the momentum is still weak, the movement is more like a trade.

The key zone is above 9.7$ – 9.8$, from where there has already been a reaction. If the buyer is able to press on and consolidate higher, then the road will open to $10.1 – $10.4, where the next strong area is located.

Below is an important level - $8.9. If the price is pushed there again and we don’t see a normal buyback, then there is a high probability that the decline will continue to the area of $8.6.
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