AVAX, the native token of Avalanche, is at a critical juncture. Following its prolonged decline, questions arise about whether it is gearing up for a comeback or facing more downside. The token currently hovers near key support levels, suggesting a pivotal moment ahead.

Market analysts suggest that the upcoming technical patterns will determine AVAX’s trajectory in the near term. The cryptocurrency community watches closely for signs of resurgence or further decline.

With momentum shifts often leading to volatility, traders must remain vigilant. As developments unfold, it will be essential to monitor market sentiments around AVAX and how external factors influence its performance moving forward.