- AVAX faces selling pressure near $26.84, requiring strong volume to confirm a breakout.
- A drop below $22.23 may direct price toward the $18–19 bullish reversal zone.
- Resistance levels above $34.64 remain in focus if the breakout scenario plays out.
Avalanche (AVAX) was trading at $24.24, posting a 2.1% weekly increase and gaining 2.2% against Bitcoin at 0.0002172 BTC. The token has been consolidating between support and resistance zones, with recent price action drawing attention to its immediate technical levels.
At press time, AVAX was trading a little above its support price of $24.18, and a resistance level of $26.49. Market observers have seen a consistent selling pressure as the price inches towards the area of $26, which clearly shows how significant the area is.
The $26 region has developed into a significant supply zone. Each approach to this area has triggered strong selling interest, restricting upward momentum. If AVAX breaks above this level with higher trading volume and secures a daily close, the next resistances may become more relevant. The upper resistances stand at $34.64, $44.58, and $48.00, which remain far above current trading activity. Until confirmation arrives, traders continue monitoring this zone for decisive action.
Key Support Zone Holds Potential for AVAX Reversal Momentum
While AVAX maintains stability above support, downside risks remain. Should the selling pressure persist and the token fall below $22.23, the next area of interest emerges around $18.23–$19.89.
This zone has been identified as a bullish libra reversal region. Historically, price reactions within this range have led to renewed upward attempts. Therefore, this area remains crucial for determining whether AVAX can recover momentum after a pullback.
AVAX Traders Await Breakout or Reversal Confirmation
The price movement now hinges on confirmation signals. A strong breakout above $26.84 could validate a push toward higher resistance levels. However, failure to hold above support may redirect attention to the $18–19 range, where buyers may seek a reversal structure.
Both conditions create distinct paths for AVAX, and participants are closely evaluating these zones before entering new trades. The market will likely remain reactive to either a confirmed breakout or a confirmed reversal.
