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.
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