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AVAX Recovery Pattern Tests Key Resistance
AVAX rebounded sharply from recent lows and now challenges a critical resistance zone.
Price trades near $6.28 while buyers attempt to reclaim former support levels.
A successful breakout could place the next focus on the $6.80 region.
AVAX Recovery Pattern is drawing attention as Avalanche approaches a major technical level. The token trades near $6.28 after recovering strongly from recent lows and testing a key resistance zone.
V-Shaped Rebound Changes Short-Term Structure
Avalanche experienced persistent selling pressure during the recent correction. Price declined from levels near $7.00 during the downturn. The move eventually pushed AVAX toward the $5.80 region.
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