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AVAX/USDT downward momentum? 👀 Avax Today Analysis

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BINANCE:AVAXUSDT.P   AVAX / TetherUS PERPETUAL CONTRACT
It appears to be on the brink of a captivating shift, showing signs of waning momentum and a potential downward trajectory.👀

💎 After its initial touch on the OB, AVAX experienced a robust rejection. However, the subsequent 2nd and 3rd touches seemed less forceful. What's the implication? It suggests a depletion of liquidity, hinting at a possible move to address the Bullish Order Block, leaning towards a downward continuation.

💎 Alternatively, there's a chance that the price might bounce back from the previous order block, setting its course upwards.

💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
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