📈 Technical update / settlement map – Avalanche ($AVAX ) #Binance
🔥 $23.50–$24.20:
Current attack zone with strong short presence. High density → possible active squeeze.
🟡 $21.00–$21.80:
Previous accumulation + absorption zone, ideal for entry on pullback if there is a retracement.
🔵 $19.50–$20.50:
Technical support + concentration of long stops → if lost, it could drag down to $17.
🟣 $25.8–$28:
Natural target if it breaks $24. A significant cluster of stops is observed in that range.
Tactical summary:
The current movement is driven by short covering.
The $24.2 area acts as an immediate ceiling.
If it surpasses $24.3 with volume, a clean liquidity stretch is enabled up to $28.
📌 Ideal entry remains:
$21.2–$22.3 → Pullback on support with confirmation
🎯 Extended TP adjusted to: $28.5 #Gaethje