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AVAX price drop was expected due to the broke 2 ascending trend lines , which made it go down to a find a powerful support line.

S line and S2 line are powerful support lines, breaking them is not a good sign, breaking the blue trendline will make us go to the nearest resistance which is the R orange box.

S = support
S2= 2nd support
R = resistance
acc = where most of the big players entered long positions , when price approaches these levels they will defend their positions hard.
AH = all-time high