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buy on weakness
AVAX

Avalanche Tests $24 Support — Bullish MACD Hints at Rebound

I see Avalanche (AVAX) trading at $24 after a 5.4% drop over 24 hours as it tests near-term support.

Technicals show bullish MACD momentum emerging, which suggests underlying strength despite the pullback.

I would treat this as a potential buy-on-weakness setup while waiting for confirmation and keeping downside risk controlled.

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Analysis

Price has pulled back to a key support area at $24 but momentum indicators (MACD) are turning bullish, indicating the pullback may be a corrective entry rather than a trend reversal; downside remains ...

Recommendation

Consider a buy-on-weakness approach around current levels with a clear stop below the $24 support zone and confirmation from momentum or price action before adding size.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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