The price of BINANCE:AVAXUSDT has been making lower lows in the downward channel. The market made a consolidation zone, then broke through it. On the weekly timeframe, it's approaching the demand zone. I think the market might move below the round level at 40.00; take liquidity below it, then move upward. On the daily timeframe, we have a slightly different picture. The price is testing the strong support level at 40.00–41.00. My goal is the support level at 40.00.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻