The market is quieting down – the day is coming to an end, let's finish it with an interesting review!
Review of $AVAX — 4H timeframe
The AVAX coin shows signs of a local recovery after a prolonged decline. Currently, the price is consolidating near the $25 level, positioned between two liquidity zones.
⏫ Growth scenario • If it holds above $23.00 and breaks through the $24.00 zone, a move towards $26.50–$27.00 can be expected
• Important resistance levels:
→ $24.00 — a zone from which a pullback was previously observed
→ $26.80–$27.00 — key supply area and potential reversal zone
• A break above $27.00 will open the way to a new weekly high
⏬ Decline scenario • If the price does not hold above $24.00 and forms a pullback pattern, a retreat to $22.00 is likely
• Losing this support may trigger further decline to $20.60 and even $19.00
• $20.60 — main demand zone, from which a new growth may start
AVAX is at a critical boundary: the short-term market structure will depend on the reaction to the nearest levels. We are watching volumes and price behavior in the $22.00–$24.00 range.
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