AVAX Price Soars and Bulls Target $15 Mark

Avalanche (AVAX) has staged a strong recovery from its local low near $5.70, with the token nearly doubling in value as buyers gradually regained control. After several weeks of sideways trading, AVAX began forming higher highs and higher lows, significantly improving its short-term technical picture.

With AVAX now trading around $11.20, the recovery remains constructive, but the token is approaching several important resistance levels. The next move could help determine whether buyers can extend the rally or whether the market enters another period of consolidation or correction.

Avalanche (AVAX) technical analysis

AVAXUSD - 1 Day Time Frame

After forming a local low around $5.70, AVAX traded sideways for several weeks before gradually transitioning into a more bullish structure. The token began forming higher highs and higher lows and is now trading around $11.20, representing a gain of approximately 96.5% from that low.

The first and most important support area is located around $10.20. If AVAX returns to this level, it could attract renewed buyer interest. However, a higher-timeframe close below $10.20 could weaken the current bullish structure and increase the possibility of a deeper correction.

If $10.20 fails to hold, the next important support is located around $7.30. Buyer activity around this level would be important to monitor. A strong reaction followed by a sustained recovery above the area could suggest that the market is beginning to stabilize and that buyers are attempting to regain control. Simply touching $7.30, however, would not be enough to confirm a reversal. The reaction around the level and the ability to maintain higher prices would remain important.

Avalanche (AVAX) price target

If bullish momentum continues, the first major upside target is the resistance area around $12.10. A significant decline previously began from this zone, making it an important test for the current recovery. A sustained breakout and close above $12.10 could strengthen the bullish scenario. If AVAX subsequently manages to remain above this area during a pullback, the former resistance could begin acting as support and increase the possibility of a move toward the second target around $13.70.

Above $13.70, the next major target is located around $14.70. A sustained breakout above this resistance, followed by an ability to hold the level during a potential retest, could further strengthen the broader bullish structure. Conversely, a return and close below the area after a breakout could raise the risk of a false breakout.

From a wider perspective, AVAX's recovery could also remain sensitive to broader cryptocurrency market conditions. Stronger market momentum may support further upside, while renewed weakness could place the key support levels under greater pressure. For now, $10.20 remains the main support to watch, while $12.10, $13.70, and $14.70 represent the primary upside targets if the recovery continues.

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