The bulls pushed #Avalanche #AVAX above the neckline of the head-and-shoulders pattern on Jan. 4, but they could not overcome the barrier at the 20-day EMA ($39.44).
The immediate support on the downside is $36. If this level is taken out, the AVAX/#USDT pair may slump to the 50-day SMA ($32.70). Buyers are expect Rubikkav @Rubikkav