AVAX rises 3.8% on a strong volume and breaks key resistance levels

Avax broke through key resistance levels on high volume and established new support zones around $ 21.30, as dealers navigate complex market conditions affected by international trade disputes and monetary policy speculation.

Technical analysis

• Avax climbed from $ 20.52 to $ 21.31, representing a 3.8% gain with a total range of $ 1.28 (6.2%).

• Price formed a clear increase with higher low and higher heights that broke through key resistance to $ 20.90.

• Ex.

• Strong support established at $ 21.15 after the wave.

• The most significant price movement occurred as Avax rose past the psychological level of $ 21.00.

• Pronounced correction so the price dropped 5.8% on the highest volume (40,669).

• Falling volume suggests consolidation after volatile price action.

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