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$AVAX AVAX/USDT Market Outlook — Is a Breakout Brewing?
After several sessions of consolidation between $17.8 and $19.6, AVAX is starting to show renewed bullish energy. On the 1-hour chart, the price has respected key support near $18.2, forming a series of higher lows — a strong signal that buyers are quietly regaining control.
The RSI has rebounded from oversold territory, while MACD is flattening around the midline, hinting at a potential momentum shift. If the price holds above $18.5, short-term traders may eye $19.6 as the first resistance, followed by a potential breakout toward $20.4 and $21.2.
However, if AVAX loses its footing below $18.0, the bullish scenario weakens and the next support sits around $17.3 — a zone to watch closely for potential re-accumulation.
Future Prediction (Short-Term):
If volume increases and buyers sustain control above the $18.5 zone, AVAX could attempt a breakout move, testing $20.5–$21.2 in the coming sessions. On the other hand, rejection near resistance might lead to another short consolidation phase before the next leg up.
Chart Insights (Visual Summary):
🟢 Historical price — steady recovery from lower supports
🔴 Predicted path — potential push toward $20.5–$21.2
🟧 Support — $18.0–$18.2
🔵 Resistance — $19.6
🟣 Target zone — $21.2
In short, AVAX looks technically healthy, but confirmation will depend on how it reacts around $19.6 resistance — the “decision point” for the next trend direction.