AVAX Has been on a downtrend for the past 2 years. During this bear period there has been hundreds of millions of dollars worth of AVAX unlocked.
Around FWB:80M is to be unlocked Sept 21. Retail traders can already see this information publicly. Shorts are probably stacking up here with high leverage.
Price is ranging between $9 to $10. Once unlock occurs i except to break out of the range and continue the downtrend further.
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