$AVAX

The price of AVAX has experienced a significant rise, quickly climbing from around $22.81 to a peak of about $53, with an increase of over 100%. Subsequently, the price saw a substantial pullback, dropping to a low of $22.23, close to the initial rise point, indicating strong volatility.

Currently, the price is oscillating between $22 and $25, nearing the support level of the previous low of $22.81, while also approaching another support level of $22.23.

If the price can hold this support area, a rebound opportunity may arise; however, if it falls below $22, it may further decline to the support level of $19.16 or even lower. In terms of resistance, around $35 is the high point after the previous pullback; if the price rebounds and breaks through this level, it may challenge the higher resistance at $39.50. #AVAX