Avalanche: Why AVAX traders must remain on the lookout for this

Ever since its ATH in November, Avalanche (AVAX) sellers have been on the front foot by keeping the buying rallies under their check. The liquidations from the recent symmetrical triangle pulled the alt below its seven-month trendline resistance (previous support). The existing setup was visibly bearish while AVAX strived to retest the 20 EMA (red). […]