$AVAX At Support: Will Bulls Defend or Bears Take Control?
AVAX is currently trading at $23.68, recovering slightly after a sharp dip. Price action shows consolidation near short-term support, and the next move will determine whether bulls reclaim momentum or sellers extend the downside.
Key Levels to Watch
• Resistance: $24.00 – $24.20. A breakout above this zone could drive AVAX toward $24.80 and $25.50.
• Support: $23.50 – $23.36. Losing this range may expose further downside toward $23.00 and $22.50.
Trade Setup – Preparing for Volatility
• Bullish Entry: A sustained move above $24.00 may trigger targets at $24.80 and $25.50.
• Bearish Entry: A breakdown below $23.50 could open the way to $23.00 and $22.50.
Market Insight
Volume remains moderate, but watch for expansion. If buyers step in above $24.00, momentum could shift quickly. Failure to hold support near $23.50, however, may invite deeper selling pressure.
