AVAX Is Approaching a Make-or-Break Level — What Comes Next?

Yello, Paradisers! Is #AVAX finally waking up after months of bearish slumber, or is this just another bull trap? After moving within a well-defined descending channel for weeks, we are now seeing the first real shift in structure: AVAXUSDT has just broken above its 12-hour EMA convincingly for the first time since November 2024. This development may be a strong early signal of a potential corrective move to the upside.

💎At the moment, #AVAXUSDT is testing a critical resistance at the $23.50 level, which lines up with the descending trendline that has capped price since December 2024. A breakout above this zone would significantly increase bullish momentum, with the next target likely at $27.35 — a key area of moderate resistance that could temporarily halt upward movement.

💎However, $27.35 is not expected to be an easy level to break. Sellers will likely defend this zone, potentially causing short-term volatility. But if bulls manage to flip it into support, the path opens toward the $31.20 to $34.00 region. This higher resistance area is even more significant as it aligns with the 50% Fibonacci retracement level — a major technical barrier where many traders will be looking to take profits or fade the rally.

💎On the downside, AVAX has established a strong support range between $19.50 and $18.80. If this short-term support fails, we then look to the weekly support zone between $16.20 and $15.00, which continues to serve as a long-term base structure. As long as AVAX holds above this broader support, the larger bullish outlook remains intact.

Paradisers, strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.

MyCryptoParadise
iFeel the success🌴