$AVAX — 1H TECHNICAL ANALYSIS
Avalanche (AVAX) | November 6, 2026
💰 Reference Price: ~$8.29
📊 Market Outlook: Bearish / Recovery Watch
🔹 Support: $8.08 / $7.88 / $7.60
🔹 Resistance: $8.37 / $8.56 / $8.66
Bullish Scenario:
A confirmed 1H candle close above $8.37 with strong volume could open the way toward $8.56–$8.66.
Bearish Scenario:
A breakdown below $8.08 could expose $7.88 and $7.60.
📈 Conditional Long Setup
Entry: $8.38–$8.48 (after breakout confirmation)
🎯 TP1: $8.56
🎯 TP2: $8.66
🎯 TP3: $8.85
SL: $8.18
Avalanche (AVAX) | November 6, 2026
💰 Reference Price: ~$8.29
📊 Market Outlook: Bearish / Recovery Watch
🔹 Support: $8.08 / $7.88 / $7.60
🔹 Resistance: $8.37 / $8.56 / $8.66
Bullish Scenario:
A confirmed 1H candle close above $8.37 with strong volume could open the way toward $8.56–$8.66.
Bearish Scenario:
A breakdown below $8.08 could expose $7.88 and $7.60.
📈 Conditional Long Setup
Entry: $8.38–$8.48 (after breakout confirmation)
🎯 TP1: $8.56
🎯 TP2: $8.66
🎯 TP3: $8.85
SL: $8.18
