Avalanche Approaches Vital Support Level, What Comes Next?

Avalanche (AVAX) has experienced a bearish trend over the past few months, particularly after being rejected from the $17.50 price level. This rejection has allowed the bears to exert significant control over the price. In the last 24 hours, AVAX made a slight upward movement of 0.5%. On the weekly chart, it has lost approximately 3.5% of its value.
With the technical outlook on the daily timeframe, the bears have an advantage. Both demand and accumulation indicators remain low on the chart, ind