$AVAX made a strong move but can buyers hold the gains?
The 1H chart shows price near $8.60 after a sharp rally to $9.01. Price remains above the 25 and 99 period moving averages although momentum has cooled.
I'm watching $8.50 as immediate support followed by $8.42 and $8.29 Reclaiming $8.70 could bring $8.80 and $9.01 back into focus.
Volume has faded after the initial surge A stronger pickup would make another breakout more convincing.
The 1H chart shows price near $8.60 after a sharp rally to $9.01. Price remains above the 25 and 99 period moving averages although momentum has cooled.
I'm watching $8.50 as immediate support followed by $8.42 and $8.29 Reclaiming $8.70 could bring $8.80 and $9.01 back into focus.
Volume has faded after the initial surge A stronger pickup would make another breakout more convincing.
