$AVAX /USDT – Avalanche in Consolidation Phase
$AVAX is currently positioned at $23–24, showing signs of stability and a potential support base after a recent pullback. Bulls seem to be preparing for a push if they can defend the current area.
Current Data (today)
• Current price: around $24
• 24h range: minimum close to $23, maximum over $24.5
• 24h volume: strong activity, typical in accumulation zones
Key Zones
• Resistance levels to watch (upwards):
• $25 (first psychological barrier)
• $27–28 (interesting breakout level)
• $30 (ambitious target if it breaks strongly)
• Important supports:
• $23 (first real floor)
• $21–22 (solid defense zone; losing it suggests a deeper correction)
Moment Interpretation
• If $AVAX stays above $23, pullbacks remain attractive opportunities for bulls.
• A close above $25, especially with volume, could trigger a buying wave that drives the price towards $27–28, even aiming for $30.
• On the bearish side, a sustained drop below $23 could open the way towards the $21–22 range as the next support zone.