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AVAX on the $15 death line: Technical patterns suggest imminent fluctuation.

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[币界] AVAX is currently struggling at the critical line of $15.

From a technical perspective, this wave has formed a descending triangle — experienced traders understand that once this pattern confirms a direction, the movement won't be small. The current price is $14.14, which frankly speaking is just testing the edge of a cliff.

What if it goes bad? Once this support is lost, the next stop could be heading straight for 9 dollars, a drop of nearly 40%. But what if it holds? Then it gets interesting—apart from a short-term rebound, some analysts believe that the long-term target could even reach 80 dollars.

This position tests patience the most. Before the direction emerges, any operation feels like gambling. The trend over the next few days will basically provide the answer - whether it will break down and plummet, or build a bottom and rebound.

AVAX0.23%
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Tokenomics911vip
· 12h ago
Once the descending triangle is broken, it's really over; I can't afford to bet on this.
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RetailTherapistvip
· 12h ago
Once the descending triangle is in play, you know whether it works or not. Can't afford to take the gamble.
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YieldFarmRefugeevip
· 12h ago
If this descending triangle really breaks, I will go all in and place a short order.
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DegenDreamervip
· 12h ago
The descending triangle thing... I'm most afraid of this pattern, it just shows up out of nowhere. --- Can't hold $15? I'm betting that AVAX is going to hit a circuit breaker. --- Wait, $80? Am I dreaming or what, am I awake? --- Going in now is just catching falling knives, I know this all too well. --- Averaging down or cutting loss, that’s the real problem. --- Let’s see when it hits $9 next time, anyway, I have nothing to lose. --- Who dares to buy the dip at this cliff edge position, it’s just a pure delivery of heads.
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