$AVAX Trading under the moving averages is under heavy pressure. It feels like price may still keep dropping, so I’m bearish on this move. If you want to enter, you can watch the 6.49 to 6.652 range. Looking down, watch for 6.31 and even 6.10. Put the defensive level at 6.85. However, pay attention to the risk: if the 6.429 support holds, there may be a rebound. Also, $SKHYNIX and $LUMIA on the chart look quite heavy. Everyone, manage your position size based on your own account—never go all-in at once.

AVAX-2.80%
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