#AVAX #MarketRebound #Binance #BinanceSquareFamily #BinanceSquare
The price bounced off the ascending trend line in the $21,300 area after liquidity was removed.
Resistance is $22,500, where the price failed to consolidate.
This may indicate readiness for a decline. The nearest support is $20,000–$20,800. A breakout will open the way to $18,300–$19,000.
Bullish scenario: holding above the trend + breakout of $22,500 → target $24,500–$25,500.
Bearish scenario: breakout of $21,300 → decline to $18,500–19,000.
💬 2H (2-hour chart)
The asset is moving to the $22,500–23,300 zone. Impulse without volume — false activity is possible. Support is $21,800–22,000. A breakout will mean a move to $20,800–21,000.
Local options:
– Growth above $23,300 → movement to $24,500.
– Hold $22,000 → chance of growth.
– Breakout of $21,800 downwards → increasing pressure.
#AVAX shows uncertainty. Key zone is $21,800–22,500. An upward scenario - upon consolidation above $23,300.