Avalancheās native token $AVAX just pulled off a V-shaped recovery, climbing +3.1% in the last 24 hours ā and itās doing this despite global uncertainty from the ongoing Iran-Israel conflict.
While most traders stay cautious, $AVAX bulls are charging! š
š Quick Technical Highlights:
ā Bounced hard from $18.75 to a local high of $19.85 ā thatās a 5.88% gain in no time.
ā Volume is booming: Over 20K units traded per minute during the final push to $19.81.
ā Broke major resistance levels at $19.35 and $19.65 with ease.
ā Now forming a clean ascending channel, signaling strength and potential continuation.
ā Support at $19.75 is holding strong ā a bullish sign for whatās next.
š§ Why It Matters:
In a shaky macro environment, $AVAX is proving resilient. It's not just a lucky bounce ā the volume, structure, and momentum all scream confidence.
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š Your Move?
Traders are eyeing a potential breakout above $20. If the volume keeps up, we might just see AVAX in full beast mode soon. šš„
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