❄️ $AVAX : HOW FAR CAN THIS COMEBACK GO?
The bounce looks promising. The bigger picture still makes me cautious.
$AVAX broke below its 2022 bear market low. That leaves a damaged macro structure beneath this recovery.
Holding above $10.47 keeps $18 in focus, with $8.77 the next support below if that reclaim fails.
Clear $18 and hold it, and the $30–$33 zone becomes the bigger test.
That is where my scenario gets cautious again. I am watching for a lower high and another rejection, rather than a return to the previous major peak.
There is room for a recovery. Whether it becomes a lasting reversal is another question.
Nothing is guaranteed. Not financial advice. Do your own research.
The bounce looks promising. The bigger picture still makes me cautious.
$AVAX broke below its 2022 bear market low. That leaves a damaged macro structure beneath this recovery.
Holding above $10.47 keeps $18 in focus, with $8.77 the next support below if that reclaim fails.
Clear $18 and hold it, and the $30–$33 zone becomes the bigger test.
That is where my scenario gets cautious again. I am watching for a lower high and another rejection, rather than a return to the previous major peak.
There is room for a recovery. Whether it becomes a lasting reversal is another question.
Nothing is guaranteed. Not financial advice. Do your own research.
