Avalanche is pressing into channel support on the 4H chart after a steady pullback. Current price is sitting at $22.6, a level that has repeatedly acted as near-term demand.
Holding $22.6 could spark a rebound toward $25 resistance.
A breakdown targets the next demand zone at $21, with channel support extending toward $19.
Stoch RSI is oversold, giving bulls a chance to defend — but the reaction here decides whether AVAX bounces or slides deeper into the channel.
Holding $22.6 could spark a rebound toward $25 resistance.
A breakdown targets the next demand zone at $21, with channel support extending toward $19.
Stoch RSI is oversold, giving bulls a chance to defend — but the reaction here decides whether AVAX bounces or slides deeper into the channel.
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Join our discord discord.gg/2systG9frc
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