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The recent movement in #AVAX has caught the attention of many traders, especially after its bounce from a key support level. On the 15-minute chart, AVAX formed a bullish engulfing candle, which could indicate a short-term reversal. With volume increasing and RSI moving upwards from the oversold zone, the probability of a breakout is strengthening. However, resistance around $29.50 could prove critical. If broken with volume, AVAX may test the $31.00–$32.00 range soon. Always manage your risk, especially during high volatility phases like this. Patience and chart discipline are key when trading AVAX in this zone.

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