AVAX Holds Key Support, Ready for a Bounce?

📊 In recent days, AVAX broke its short-term uptrend and entered a correction, dropping to the key support zone of $39–$41.
🔴 This support has played a significant role in recent price action.
✅ A positive reaction at this level could push the price toward resistance levels of $50 and $55.
👉🏼 Breaking the descending trendline and stabilizing above $50 would confirm further bullish momentum.
avaxTechnical IndicatorsTrend Analysis

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