$AVAX /USDT Holds Above $25 as Layer-1 Momentum Builds 📈
Avalanche ($AVAX ) trades at $25.34, up +2.84% in the last 24h. Price hit a high of $25.45 and a low of $24.26, consolidating near resistance. Binance reports 2.03M AVAX traded against 50.52M USDT in the past day, showing steady liquidity inflows.
🔹 Market Overview
Support: $24.50 – $24.80
Resistance: $25.45 – $26.20
Momentum tilts bullish as AVAX holds above all three key moving averages (MA7: 25.21, MA25: 24.80, MA99: 24.53). Price structure suggests buyers are defending dips near $24.80.
🔹 Trade Setup (Bullish Bias)
Entry Zone: $25.00 – $25.30
Targets: $25.45 → $26.20 → $27.00
Stop Loss: Below $24.50
Scalp Setup:
Entry: $25.30
TP: $25.45
SL: $24.90
🔹 Volume & Sentiment
Trading activity remains steady, with buyers stepping in near $25. Supportive sentiment comes from broader Layer-1 narratives, keeping AVAX in focus as it holds above moving averages.
🔹 Outlook
$AVAX is building a base above $25, with bulls likely eyeing $26.20 as the next resistance. A breakout there could trigger momentum toward $27.00. Dips toward $24.50 – $24.80 remain attractive for re-entries as Layer-1 demand supports price action.