AVAXUSDT – Critical Support Zone: Will Decide the Next Trend?Yellow Block (Support Zone): 21 – 17.5 (Weekly)
This zone is the bulls’ last stronghold, an area that has historically marked AVAX’s major turning points. Price has now returned to this critical region — and what happens next could define the next macro trend.
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Market Structure & Big Picture
After a long downtrend since 2022, AVAX has entered a macro consolidation phase, ranging between $17.5 and $43.
The current movement sits right at the bottom of this range, making the upcoming weekly close extremely important.
Major Range: 17.5 – 43
Key Support: 21 – 17.5
Main Resistance: 28.7 – 32.7 → 43.1 → 58.3
Historical High: 127 – 147
Historical Low: 8.5
This yellow zone isn’t just a technical area — it’s a battleground between long-term accumulation and potential distribution.
Every time AVAX touched this region in the past, price rebounded significantly, suggesting a possible mid-term reversal opportunity if bulls defend it again.
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Pattern & Technical Characteristics
The chart currently shows a sideways accumulation pattern over more than a year.
Each retest of the 21–17.5 zone has produced deep wicks and strong rejections — signals of institutional absorption or smart money re-entry.
However, if this support fails, it could trigger a structural breakdown and re-open the path toward the lower double-digit region.
Potential pattern formations:
Double Bottom (Reversal) if price bounces and breaks above 28–33
Descending Channel Breakdown if price loses 17.5 with a confirmed close
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Bullish Scenario – “Bounce From The Abyss”
If the weekly candle closes above 21, the support remains intact — and this could mark the start of a strong reversal swing.
Bullish confirmation signals:
Strong rejection with long lower wick
Rising volume during recovery
Weekly close > 24
Upside targets:
1. 28.7 → First resistance zone
2. 32.7 → Structural breakout confirmation
3. 43.1 → Major swing target
4. 58.3 → Mid-term continuation goal
Potential gain: 35% up to 170% from current levels if the bullish setup plays out.
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Bearish Scenario – “Breaking the Last Line of Defense”
If the weekly close falls below 17.5, it confirms a macro breakdown.
AVAX could enter a new redistribution phase, targeting 12.0 – 9.0, and possibly 8.5 if a market-wide capitulation occurs.
Bearish confirmation signals:
Weekly close < 17.5
High-volume selling pressure
Failed retest (17.5 flips into resistance)
This would shift the macro bias fully bearish, and patient traders might wait for a new accumulation phase at much lower levels.
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Conclusion & Macro Sentiment
AVAX currently sits in a golden decision zone — the line between collapse and recovery.
As long as the price holds above 21–17.5, the potential for a macro rebound remains strong.
But a confirmed breakdown below that area would signal that the accumulation phase isn’t over yet, and the market might need one final washout before a full recovery.
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