$AVAX is showing a short-term recovery, currently trading at $8.547 (+2.91%) on Binance.

Trend: Rebounding strongly off its 24h low of $8.068.

Resistance: Facing immediate overhead pressure from the MA60 line sitting at $8.562.

Volume: Decent buying volume picking up on the lower timeframes to drive this bounce.

Can bulls break and hold above the MA60 to chase the 24h high of $8.735? 📈