Potential bullish or bearish scenario for AVAX as it hovers at $7.30, with smart money mostly long. 60% chance to retest $7.10.
The current trading price of AVAX stands at $7.30, showing a flat momentum and a dominant aggressive sell flow in the spot market. Despite this, smart money is positioned 71% long on AVAX, indicating a strong belief in its upward potential. This disparity in conviction levels assigns a 60% probability for AVAX to retest the $7.1 mark.