$AVAX ($AVAX USDT.P) is pushing off the $7.080 double-bottom base, currently testing the $7.300–$7.350 local supply shelf on the 1H perps chart.
The bounce printed solid absorption volume off the lows, but buyers need a confirmed 1H close above $7.350 to unlock momentum toward the $7.450–$7.550 range highs.
If this push gets rejected and rolls over below the $7.200 support shelf, expect price to rotate back into the $7.100 demand floor. A 1H close below $7.050 invalidates the reversal thesis.
Watching volume reaction closely into $7.30 for breakout confirmation.
The bounce printed solid absorption volume off the lows, but buyers need a confirmed 1H close above $7.350 to unlock momentum toward the $7.450–$7.550 range highs.
If this push gets rejected and rolls over below the $7.200 support shelf, expect price to rotate back into the $7.100 demand floor. A 1H close below $7.050 invalidates the reversal thesis.
Watching volume reaction closely into $7.30 for breakout confirmation.
