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Avax Eyes $30 Amid Bullish Breakout

Avalanche #AVAX is experiencing a significant bullish momentum, trading at $25.26 with a 24-hour high of $25.58. The recent surge follows a breakout from a multi-month descending channel, signaling a potential upward trend.

Key Support and Resistance Levels:

Immediate Support: $24.06

Key Resistance: $26.59

Target Resistance: $30.00

Analysts are watching the $26.59 resistance level closely; a breakout could pave the way for a rally toward $30.