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AVAXBEARISH
AVAX Targets $4.35 Amid Bearish Flag Indicating Potential Breakdown
FG
FOMOGRAM Editorial Desk
Aug 7, 2026
EXECUTIVE SUMMARY
Avalanche shows a bearish flag with recent 27% correction and consolidation below resistance near $74. A break below $6 could trigger a move towards $4.35.
Avalanche shows a bearish flag with recent 27% correction and consolidation below resistance near $74. A break below $6 could trigger a move towards $4.35.
FOMOGRAM SENTINEL GRAVITY TELEMETRY
AVAX exhibits a bearish flag pattern with critical supports at $6, indicating potential short-term downside if broken.
AVAX OVERALL MARKET INDEX: 23 / 100 (BEARISH)
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