🔥 #Avalanche $AVAX Holding Key Support at $35 – What's Next? 🔥


Since December 2024, #AVAX has been trading within a tight range of $32 to $45, with buyers stepping in at dips and sellers taking profits at highs.


📉 Current Outlook:

*/ AVAX is testing the $35 support after dropping below the 21-day SMA. A breakdown could push it to $32, while a rebound may target $45.

*/ Moving averages suggest a sideways trend, with bearish pressure still in play.


📊 Key Levels to Watch:

*/ Resistance: $45, $60

*/ Support: $35, $32


Extended candlestick tails hint at strong buying interest at $35, but bulls need to regain momentum. Traders should watch this crucial level for potential breakouts or further downside. #Altcoin Season#


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January 25, 2025 at 2:24 PM
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