Avalanche [AVAX]: Gauging potential hurdles for opening a short position

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice After numerous attempts to crack the $30-resistance in mid-August, Avalanche [AVAX] collapsed below its 200 EMA (green) to mark a robust bearish resurgence. In pursuit of finding fresher lows, the alt outlined a two-week trendline […]