Current crypto analysis for AVAX is consolidating around 20.95, right at the upper limit of the 50% Discount Zone. The temporary structure is still safe as the price had a good bounce from the OB Bottom in the range of 18–19.
Ideal Buy Area Range: 19.2 – 18
Reasons:
→ New OB Bottom area has been retested.
→ Still within the discount zone → potential cheap entry with an attractive RR.
→ Suitable for entry if bullish confirmation (PA/candle pattern) appears around that area.
⚠️ Attention
If AVAX breaks down and closes below 18, be wary of further decline to the next OB area in the range of $14–12 or even lower. The structure will start to lose its bullish strength.