logic:
1. Technical resistance:
• Usually found at previous price peaks or significant trading levels.
• For example, if AVAX is currently around $25–$26, previous highs around $28–$30 could act as short-term resistance.
2. Moving averages and Fibonacci levels:
• Short-term: 50-day moving average
• Long-term: 200-day moving average
• Fibonacci retracement levels can also indicate ceilings if the price has had a significant previous run-up.
3. Market sentiment / liquidity:
• If many large holders keep AVAX, the price can easily “pause” at a certain level.
• Increased liquidity on Binance or other major exchanges also influences the next resistance.
In my opinion, AVAX is likely to reach a new all-$time high.
$AVAX #MarketPullback #AltcoinSeasonLoading #BinanceAlphaAlert