$AVAX Consolidating Above Key Levels, What’s Next?
AVAX has been holding its ground after the recent breakout, currently trading near $21.44 on the 4H chart. Price action suggests bulls are still in control, but momentum is starting to slow slightly.
The area between $21.00 $21.50 is shaping up to be an important short term zone. A solid close above this could trigger another leg up towards $22.30, and possibly $23+, if buying pressure picks up.
However, if AVAX dips below $21.00, a retest of the previous breakout region around $19.80 can’t be ruled out, which may offer fresh entry opportunities for those waiting on the sidelines.
The trend remains intact for now, but upcoming candles will tell if bulls are ready for continuation.
