🔶 $AVAX /USDT – From Breakout to Pullback… What’s Next?

Current Price: $16.69 (+3.86%)

📈 24H High: $17.29 | 24H Low: $15.61

📊 Volume: 2.78M AVAX | 46M USDT

Category: #Layer1 #TrendWatch

📉 Price Action Recap:

AVAX surged to a strong daily high of $17.29, but faced resistance and is now cooling down around $16.69. A textbook wick rejection hints at trader hesitation near the highs.

🧠 What It Signals:

• Volume surge confirms demand, but upside momentum is fading

• Bearish candles forming – intraday bulls may take profit

• Needs to hold $16.60–$16.40 zone to avoid deeper drop

📍 Key Levels to Watch:

✅ Resistance: $17.30

⚠️ Support: $16.40

🔔 Break below $16.40 = caution for bulls

📈 Reclaim of $17.00 = potential fresh leg up

📢 Conclusion:

AVAX had its moment — but now it's all about follow-through. Stay alert: consolidation or correction could define the next 24 hours. Bulls need volume and strength to retest $17+.

#AVAX #BinanceAlphaAlert #AltcoinWatch #Layer1Season #Write2Earn