- AVAX rebounds near $21.50 midline, suggesting bulls may aim for resistance at $25 if momentum builds.
- The horizontal channel has remained intact since February 2025, reflecting consolidation in AVAX’s daily price structure.
- A break below $20.50 may invalidate the bullish thesis, returning AVAX toward range support near $18.00.
AVAX is trading within a well-defined horizontal channel, recently rebounding near the $21.50 midrange level. This technical zone has acted as a key support, and its strength may pave the way for a potential move toward the $25 resistance.
AVAX Consolidates Within Horizontal Channel on Daily Timeframe
In the daily chart, AVAX is trading in a very clear horizontal channel with the lower to upper limit of around 18.00 and 25.00. This structure has been honored by the asset since February 2025 signifying the continued shrinking in a low-vol footing. The market players are in a stage of either accrual or indecisions as of now.
The price has recently recovered out of the midrange area at around $21.50, which is important pivot zone that has already served as intraday support several times. This rebound came slightly above the 50-day exponential moving average (EMA) that is currently amounting to about $20.65 and that has steadily performed the role of stabilizing the price.
Alpha Crypto Signal Identifies Key Midrange Rebound Opportunity
A tweet from Alpha Crypto Signal emphasizes the significance of the current setup: “$AVAX just bounced off the midrange zone… If this midline continues to hold, we could see $AVAX push back toward the upper boundary of the channel.”
This assessment aligns with technical evidence showing reduced bearish momentum near the midrange level. The volume profile indicates that selling pressure has diminished, and it should allow resumption of trends in favor of the bulls. As far as AVAX will continue supporting above the range of $21.00 to $20.50, the possibility of reaching the upper border of the range can be a possibility..
The tweet further implies that traders may consider initiating long positions from this mid-channel level. However, a decisive breakdown below the current support structure could see AVAX revisit the $18.00 zone.
Midline Holds the Key to Bullish Continuation Toward Resistance
The overall range-bound structure continues to hold firm, forming higher lows within the channel. This technical behavior supports a cautiously bullish outlook while price remains above the moving averages and the midrange zone.
Traders monitoring the high-timeframe chart are eyeing this zone for potential entries, anticipating another upward rotation. Failure to hold the midrange could alter sentiment and introduce renewed bearish pressure.
If bullish momentum increases alongside volume, AVAX may rally toward the upper resistance band. For now, the midrange zone remains a decisive technical battleground for directional bias.
