$AVAX 4h: Price is trying to stabilize

AVAX has been falling for a while and recently touched a low near 11.88.

AVAX

10.88

-0.54%

After that drop, price bounced slightly but is still moving sideways around 12.20.

This shows selling pressure is slowing down, but buyers are not strong yet.

Key areas:

• 11.88–12.00 = strong support (buyers stepped in)

• 12.40–12.70 = near-term resistance

• Above 13.00 = trend improvement

What to watch:

– If price holds above support → slow recovery possible

– If support breaks → weakness can continue

Is this the start of a base… or just a pause before another move down?