$AVAX : BUYERS ARE BACK — BUT IS THIS A REAL REVERSAL?

Avalanche ($AVAX ) is showing renewed buying pressure after bouncing sharply from the $8.00 area.

Price is now around $8.65, with a noticeable increase in trading volume.

But I'm not rushing into a market buy.

Here's what I'm watching:

📍 **Key levels**

Resistance: $9.00–$9.10

Next resistance: $9.30–$9.50

Support: $8.35–$8.50

Major support: $8.00–$8.15

✅ **Spot-long setup #1: Pullback and hold**

Entry: $8.35–$8.50 after confirmation

Stop: $8.10

TP1: $8.90

TP2: $9.20

Extended TP: $9.50

✅ **Spot-long setup #2: Breakout and retest**

Trigger: 1H close above $9.00–$9.10

Entry: Successful retest of $8.90–$9.05

Stop: $8.65

TP1: $9.30

TP2: $9.50

❌ **What I'm avoiding**

No blind buying at $8.65.

A sharp green candle doesn't automatically mean a trend reversal.

If buyers cannot defend the reclaimed levels, I'll stay in USDT.

My approach: wait for confirmation, manage risk, and avoid chasing momentum.

💬 Would you prefer the $8.35–$8.50 pullback entry or wait for a confirmed breakout above $9.10?

#AVAX #Avalanche #BinanceSquare #SpotTrading #cryptotrading