AVAX Price Faces Strong Sell Walls and Weak Bullish Momentum Below Key Levels

Avalanche's AVAX token is trading under pressure on the daily chart, with price stuck below the 20-day EMA and lacking clear bullish momentum. Key resistance sits near $9.59, while supports lie around $8.63 and $8.32, and the order book shows heavy sell walls between $8.93 and $8.95. Momentum indicators such as MACD and RSI point to easing bearish pressure but not yet a confirmed bullish reversal.