AVAXUSDT has recently breached a critical support level following the formation of a head and shoulders pattern. This development indicates a significant potential downward movement to finalize the structural breakout. Anticipating a retracement towards the trend line identified on the daily timeframe is our outlook.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.