📉 Momentum Stalls at $26
Avalanche [AVAX] surged 32.5% from $19.5 to $26, but bulls hit resistance. The $26.5–$28 zone, which acted as a ceiling back in February, is once again capping gains. Despite strong demand, momentum is fading.
📊 Indicators Flash Caution
The MACD just triggered a bearish crossover, hinting at weakening momentum.
The A/D line is still climbing, showing ongoing accumulation—but it’s slowing near range highs.
📍 Key Support Zones to Watch
If AVAX fails to hold current levels, $22 is the critical line in the sand. A daily close below that could trigger a bearish shift in market structure.
💧 Liquidation Zones Suggest $21–$19 Pullback
Liquidation heatmaps show heavy liquidity clusters at $21.5 and $21, making them likely magnet zones for price if BTC pulls back. If pressure intensifies, $19 is the next major level to watch.
🔁 Upside Needs a Break of $28
For bulls to regain full control, AVAX needs to break and hold above $28. Until then, caution is warranted, especially with Bitcoin’s next move uncertain.
⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
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