<ul><li>Avalanche's token AVAX has experienced a 7% weekly loss and negative returns, despite forming an ascending channel pattern.</li><li>Technical indicators indicate increasing selling pressure on AVAX.</li><li>Price targets are set at a potential rise to $39.30 or a drop to $17.30, depending on market direction.</li><li>AVAX's ability to maintain key support levels and capitalize on market recovery will determine its price trajectory.</li></ul>

Avalanche’s Q4 Challenge: AVAX Battles $24 Support Amid Market Uncertainty

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