From where we put the red arrow on the chart, it seems that AVAX has entered the correction phase.
We now seem to be in the F wave.
The price can drop down soon.
If the g wave is normal, it can end on Entry 1.
But if the g-wave is extended, the g-wave can continue up to the Entry 2 range.
Risk-averse people can wait for Entry 2, and risk-taking people can enter the range of Entry 1 and Entry 2 in the form of martingale.
We have such a view on AVAX.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You