$AVAX
🚨AVAX Climbs Above Resistance but Pulls Back on High Volume🚨
Avalanche (AVAX) recently saw a price jump from $20.52 to $21.31, reflecting a 3.8% gain. This rise was backed by a trading volume of 1.33 million, confirming a break past the resistance level of $20.90. A new support zone formed around $21.15, showing increased buyer confidence. Trading chatt on black screen
However, AVAX faced a sharp decline of 5.8% following this move, with volume peaking at 40,669, hinting at potential consolidation. Since then, the drop in volume suggests the price may stabilize after the sharp movement. At the moment, AVAX trades at $20.98, a minor dip of 1.22% from the previous close. The daily high reached $21.56, while the low matched the current price of $20.98.
