๐ŸŒŸ Avalanche ($AVAX ) Trend Update: Can We See a Bounce from Here? ๐ŸŒŸ

Avalanche ($AVAX ) is currently trading around $17โ€“$18, after pulling back from its earlier 2025 highs.

Despite recent weakness, AVAX is hovering above key support near $16.50โ€“$17.00, where buyers could step in.

๐Ÿ” Trend overview:

โœ… Short-term: Consolidating around $17โ€“$18; market waiting for a catalyst.

โœ… Medium-term: Needs to reclaim $19โ€“$20 zone to confirm a reversal.

โœ… Long-term: Still holding above multi-month support; bullish if it stays above $16.00.

๐Ÿ“ˆ Targets to watch:

๐Ÿš€ First target: $19.00 โ€” local resistance zone.

โšก Next target: $21.50 โ€” stronger breakout confirmation.

๐ŸŽฏ Bullish scenario: If momentum picks up, AVAX could revisit $24โ€“$25 in coming weeks.

๐Ÿ”‘ Support to hold:

๐Ÿ›ก๏ธ $16.00 โ€” closing below could trigger deeper correction towards $14.50.

For now, watch volume and ecosystem news: a bounce from here could signal the start of the next leg up! ๐Ÿš€

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