$AVAX
[Point Update]
After AVAX's minting heat surged following the Avalanche chain in late 2023, it began to rise steadily, experiencing two significant rallies above 50 along the way. The overall trend is quite synchronized with the broader market, and the market sentiment has remained strong. The current price is not far from the weekly bottom support level, with plenty of room above. Coupled with a proper pullback, from a strategic perspective, there is potential for it to rise alongside BTC in this rebound phase.
In the short term, it is currently in a pullback phase after a high surge, waiting for a stable position to continue seeing bullish trends.
Short-term resistance: 22.8
Strong resistance: 24.9 26.8 (liquidation)
Short-term support: 21.33
Strong support: 19.4 (increased position)
Gap: 21.3~19.8 (potential risk)
