$AVAX /USDT TECHNICAL ANALYSIS: STRONG RECOVERY – AVAX NEARS KEY BREAKOUT LEVEL

Avalanche ($AVAX ) is trading at $19.88, marking a +4.52% gain in the past 24 hours. After rebounding from the $18.73 low, AVAX is pressing against the 24H high of $19.93, signaling a possible breakout.

📊 Key Technical Levels:

24H High: $19.93 – Immediate resistance

24H Low: $18.73 – Strong support

Volume: 1.54M $AVAX / 29.86M USDT

Breakout Zone: $19.97+

Support Zone: $19.51 – $19.24

Outlook:

A confirmed breakout above $19.97 could drive AVAX toward $20.50 – $21.20. If rejected, price may retest the support range between $19.50 – $19.25.

Conclusion:

AVAX is showing bullish structure and strong momentum. A breakout above $20 could attract more buyers. Favorable setup for trend-following and short-term traders eyeing a Layer 1 rebound.

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