$AVAX Holding the Range, Eyeing a Breakout
$AVAX is currently consolidating above a strong support zone near $17.60 after a sharp move from the $17.02 low to the recent high at $19.16. Buyers have stepped in to defend the gray demand block, suggesting accumulation. A breakout above $18.00 could trigger a retest of $18.60 and possibly reclaim $19+. However, if the $17.60 zone is lost, price may revisit $17.00. Momentum is neutral but leaning bullish with proper confirmation.
📈 Trade Setup
Entry: $17.85
TP1: $18.60
TP2: $19.10
SL: $17.55
Trend: Sideways with Bullish Potential