#Avalanche price moves in a descending channel, and after reaching the ceiling of the channel, it could not break it and started to decrease again. If the price turns down sharply from the current level, it will suggest that the bears remain in command. The #AVAX/USDT pair could slump toward the $32 to $27 support zone.
Instead, if bulls push the price above $42, it will suggest the start of a sustained recovery.