As of March 10, 2025, AVAX attempts to maintain a crucial support level at 19 USD amidst bearish signals. The symmetrical triangle on the 4-hour chart reflects market indecision, suggesting that a breakout may lead to a short-term rally.

With 80.09% of AVAX holders in negative territory, the risk of selling pressure increases if the price drops below 19 USD. Current on-chain data shows that bearish metrics dominate, signaling a challenging outlook for AVAX in the near-term.