$AVAX —a break above 12 is still ahead
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The last daily close was again below the 20-day moving average. The rally remains within the recent range.
A close above 12 on $AVAX with a hold during the pullback would strengthen the continuation scenario toward the historical weekly range of 14.8–15.0.
A daily close below 9.76 on $AVAX would invalidate the hypothesis that the current base will hold. Until the range is broken, the long-term target remains conditional.
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The last daily close was again below the 20-day moving average. The rally remains within the recent range.
A close above 12 on $AVAX with a hold during the pullback would strengthen the continuation scenario toward the historical weekly range of 14.8–15.0.
A daily close below 9.76 on $AVAX would invalidate the hypothesis that the current base will hold. Until the range is broken, the long-term target remains conditional.