AVAX Surges 3.8% After Breaking Key Resistance Levels
AVAX surpassed key resistance levels with strong trading volume, establishing support around $21.30 amid complex market conditions.
Key Points
- AVAX increased from $20.52 to $21.31, a 3.8% gain over a $1.28 range (6.2%).
- Price shows an uptrend with higher lows and highs, breaking resistance at $20.90.
- High volume of 1.33M confirmed the breakout.
- Support is set at $21.15 after the price surge.
- Notable movement occurred as AVAX crossed the $21.00 psychological level.
- Correction saw a 5.8% drop on a high volume spike of 40,669.
- Decreasing volume indicates potential consolidation following volatility.