Avalanche (AVAX) Dey Range-Bound for $23, Eye $26 Breakout
Di price for Avalanche (AVAX) don dey trade for range $16–$26 since middle of 2025, e dey near $23 now. Di AVAX price show say buyers dey defend di 21-day and 50-day SMAs, dem raise am back to $24 before e reject for di $26 resistance. Di daily bars dey round di 50-day SMA, e mean say momentum neutral, but di 4-hour chart show small bullish bias. Plenty doji candles mean say traders dey undecided. If e fit hold pass $26, e fit trigger rally go $36. But if e no fit pass resistance or e fall below 21-day SMA, AVAX fit fall back to $20–$21 support level, even reach $16. Traders suppose watch di $26 ceiling and di $20–$23 floors for sign of breakout or breakdown.
Neutral
AVAX dey trade steady between $16 and $26 show say market never sure and no get strong direction momentum. Buyers don defend key SMAs, e create small bullish tilt for short timeframes, but repeated reject for $26 and doji activity show say market sentiment neutral. For short term, traders go dey cautious till clear breakout or breakdown happen. If e break pass $26, e go shift bias to bullish, target $36, but if e drop under SMAs e go turn bearish, fit visit $20–$16 again. Overall, consolidation phase mean say market impact go neutral till new momentum show.