Avalanche ($AVAX
) is showing strong bullish momentum, currently trading at $24.47 with an impressive +6.39% daily gain. The coin rallied sharply from a low of $22.19 to test a high of $24.52, backed by a healthy 24h trading volume of 4.15M AVAX (≈$96.68M USDT). Price action is consolidating near the top of the range, signaling buyer strength and growing market demand. Immediate resistance is placed at $24.52–$24.64, and a clean breakout above this level could ignite a continuation rally toward the $25.50–$26.00 zone in the short term.
For traders, AVAX presents a clear opportunity in both breakout and retracement plays. A move above $24.64 could unlock quick intraday profits, while dips toward $23.60–$23.10 offer attractive re-entry points for swing positions. With strong volume support, bullish sentiment in Layer 1 coins, and price holding firm above key supports, AVAX is positioned as a high-potential gainer. Disciplined traders applying tight risk management can capture profitable setups as AVAX looks ready to extend its rally in the coming sessions.