Avalanche (AVAX) lost the $21.29 support level on the 4-hour chart, triggering a move toward the long-watched $19.35 support zone. However, before reaching that level, the price bounced upward, signaling some buyer interest.
As we noted in our previous analysis, losing the $21.29 support increased the short-term downside risk. Although AVAX briefly reclaimed this level, the recovery has not shown strong follow-through yet.
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Key Technical Levels:
- Support: $21.29
- Major support: $19.35
- Resistance zone: $21.88 – $22.17
If AVAX fails to hold above $21.29 again, a retest of the $19.35 zone remains on the table. This area previously served as a buying zone and could provide a potential base.
Conversely, a clear breakout above the $21.88–$22.17 resistance could lead to a renewed move toward the ascending trendline, signaling a potential bullish shift in the short term.

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