AVAX broke $8.00 today — and then took it back.
$8.034 now, -4.6% on the day. The low is $7.942. The high is $8.636. Volume $21.4M.
The hourly chart tells the story. AVAX dipped under $8.00, printed an hourly close at $7.99, then clawed back above the line. The last few closes: $8.02, $8.06, $7.99, $8.03. It is sitting right on the number again.
My levels:
Support: $7.94 (today's low)
Resistance: $8.14 (where the last bounces stalled)
Trigger: an hourly close under $7.94 tells me the low is gone
Invalidation: a move back above $8.14 would break the slide
This morning it was holding $8.00. Now it has already lost it once and won it back. Round numbers are where people make decisions — and this one is being fought over right now.
What do you think happens at $8.00 tonight?
#AVAX $AVAX Not financial advice.