$AVAX: THE PATH BACK STARTS WITH DEFENCE
AVAX is trading around $8.547 after pulling back from the $12 area. The daily structure remains under pressure beneath descending resistance, so buyers first need to defend $8.00–$8.50.
A sustained reclaim of $9.00–$9.50 would be the first recovery step, bringing $10.00–$10.50 and $11.50–$12.00 into focus. A daily break above $12 and a successful retest would improve the broader setup.
Beyond that resistance cluster, $14–$15 and $17–$18 are the next areas to watch before the historical $20–$21 region. The recovery needs higher lows and reclaimed levels holding as support.
Daily acceptance below $8 would weaken the local base and expose $7.00–$7.50, followed by $6.00–$6.50. Until buyers reclaim resistance, the larger upside route remains conditional.
Dyor
$AVAX
AVAX is trading around $8.547 after pulling back from the $12 area. The daily structure remains under pressure beneath descending resistance, so buyers first need to defend $8.00–$8.50.
A sustained reclaim of $9.00–$9.50 would be the first recovery step, bringing $10.00–$10.50 and $11.50–$12.00 into focus. A daily break above $12 and a successful retest would improve the broader setup.
Beyond that resistance cluster, $14–$15 and $17–$18 are the next areas to watch before the historical $20–$21 region. The recovery needs higher lows and reclaimed levels holding as support.
Daily acceptance below $8 would weaken the local base and expose $7.00–$7.50, followed by $6.00–$6.50. Until buyers reclaim resistance, the larger upside route remains conditional.
Dyor
$AVAX
