#AVAX $AVAX 💥💥

AVAX Technical Overview (May 16, 2025)

Current Price: $23.47

---

Support Levels:

Strong Support: $21

Secondary Support: $18

Resistance Levels:

Immediate Resistance: $25

Key Resistance: $28 – $30

Indicators:

RSI: ~55 (neutral-bullish)

MACD: Showing bullish crossover

Moving Averages: Price above 50 EMA but below 200 EMA — short-term bullish, long-term caution

---

Bullish Scenario

Bullish Breakpoint: $25

Breaking $25 with volume could push AVAX to $28–$30. Sustained strength may aim for $34.

---

Bearish Scenario

Bearish Breakpoint: $21

Losing $21 could drop AVAX toward $18 or even $15 if market weakness continues.

---

Price Prediction (May–June 2025)

Market Outlook Expected Range

Bullish Case $28 – $34

Neutral Case $21 – $25

Bearish Case $15 – $21

---

Disclaimer

This content is for informational purposes only and does not constitute financial advice. Crypto markets are volatile — do your own research and consult a professional.