$AVAX – Price Update 🔄
🟡 Current Setup:
AVAX is still consolidating within the accumulation zone (yellow area), trading just below the key $27.00–$26.80 resistance band. So far, price action has been quite neutral with no clear buying pressure stepping in.
🔎 Outlook:
Similar to many other altcoins, I’m leaning towards another potential bearish move in the near term. The critical demand zone I’ll be watching closely is between $20.80 – $20.50 📉.
🚩 Key Levels:
Resistance: $27.00 | $26.20 | $25.15
Support: $23.20 | $22.30 | $21.50 | $20.50
📊 Summary:
Bias: Bearish setup building 📉
Current Zone: Neutral on higher timeframes (HTF)
