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AVAX's current situation is indeed a bit awkward. The 60-day moving average is firmly stuck at 14.169, and the price repeatedly tests but cannot break through the 14.0 level. What's more concerning is that the upper MA(60) and MA(120) have already formed a complete resistance pattern, and each time the price approaches, it becomes an excellent shorting point.
From a volume perspective, this is the biggest hidden danger—trading volume has shrunk to extremely low levels, and the market is extremely thin. Such liquidity exhaustion cannot withstand any selling pressure. Once the daily low of 13.58 is broken, the downward space will open directly, with little buffer.
Currently, the price is at 13.903. Opportunities like this often disappear in the blink of an eye. For traders who are firmly bearish, entering short positions at market price might be a good choice.