⚠️ $AVA : Is this -13.06% drop a final washout, or can bulls pull off a miracle recovery? 🚨

$AVA perp contract is facing heavy selling pressure, plunging -13.06% down to trade around 0.3860 after dropping from a 24h high of 0.4529, leaving traders questioning if previous highs near 0.4944 are gone for good. On the fundamental side, the market is reacting to recent tokenomics upgrades following Travala and the AVA Foundation launching the new Buyback Multiplier program to scale strategic reserves up to 4x member rewards, competing against lingering correction jitters. Technically, the daily RSI(6) has cooled down sharply to 34.55, entering an oversold zone. If buyers manage to defend the 0.3500 support floor, a desperate relief bounce could trigger, though the broader risk of a continued dump remains high if momentum fails.

What is your move—are you catching this falling knife or staying away? Let’s discuss below! 👇

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