The price of AVAX has confidently bounced off the support zone around 22–22.5.
A local reversal has formed here, and buyers have maintained the level, which has given an upward impulse.
Currently, the price is consolidating above the local resistance zone. If it manages to stay above this level, a continuation towards the next range is expected.
Breaking and consolidating above may lead to further highs. So far, the long scenario remains intact, provided that current supports are held.
Target: 23.9
