🏔️ $AVAX : Can the recovery reach $55?
AVAX is pushing back toward its descending weekly resistance after a strong bounce from the lows.
For me, the key zone is $9.50–$11.50. If this area holds and AVAX can reclaim $14–$17 with a strong weekly close, the recovery could start looking much more interesting.
My next levels are $20, then $32–$37. A clean breakout above that resistance could put $50–$55 back on the map.
At around $11, $55 would be a major move, so I’d expect plenty of pullbacks along the way.
If $9.50 breaks, the setup weakens. A weekly close below $6 would invalidate this recovery idea.
Not financial advice. Just my current AVAX scenario.
What do you think, can $AVAX reclaim $17 first?
AVAX is pushing back toward its descending weekly resistance after a strong bounce from the lows.
For me, the key zone is $9.50–$11.50. If this area holds and AVAX can reclaim $14–$17 with a strong weekly close, the recovery could start looking much more interesting.
My next levels are $20, then $32–$37. A clean breakout above that resistance could put $50–$55 back on the map.
At around $11, $55 would be a major move, so I’d expect plenty of pullbacks along the way.
If $9.50 breaks, the setup weakens. A weekly close below $6 would invalidate this recovery idea.
Not financial advice. Just my current AVAX scenario.
What do you think, can $AVAX reclaim $17 first?
