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📉 AVAX Price Analysis 📊
In the past week, the crypto market experienced a gradual decline, and AVAX, in particular, has reached a critical support level. Despite this, AVAX displayed strong performance at the end of the previous month, surging over 40% within a few weeks.
Currently hovering around the $8.80 - $9.20 support zone, AVAX might be gearing up for a potential trend reversal, especially if BTC's price stabilizes or rises. If the price finds stability within this support range, a bullish reversal could be on the horizon, with AVAX aiming to test resistance levels at $9.75 and $10.15.
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