AVAX appears to be recovering from its previous bearish structure after establishing a potential bottom around the $6.10 demand area.
The recent bullish impulse pushed the price towards the $11.260 resistance level, followed by a corrective pullback towards $9.080.
If the current support holds, AVAX could continue its bullish recovery towards $11.260, followed by $13.990 and $17.780, with a longer-term target at $21.560.
This bullish analysis is invalidated if the price falls below $6.694.
The recent bullish impulse pushed the price towards the $11.260 resistance level, followed by a corrective pullback towards $9.080.
If the current support holds, AVAX could continue its bullish recovery towards $11.260, followed by $13.990 and $17.780, with a longer-term target at $21.560.
This bullish analysis is invalidated if the price falls below $6.694.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.