- AVAX is holding above strong demand and could push higher if support holds.
- Buyers need to break past $27.78 to increase chances of reaching $30.
- A drop below $25.30 could bring lower levels into play before another move up.
Avalanche (AVAX) is showing resilience as it trades at $26.11, holding above a critical demand zone between $25.30 and $26.10. According to analyst Ali_Charts, this range is acting as a key support, with a large concentration of buyers positioned in this area. The on-chain data suggests that 246.24K addresses purchased 15.66 million AVAX at an average price of $25.72, reinforcing this level as a stronghold for bulls. If this support holds, AVAX could gain the necessary momentum for a breakout toward $30 in the short term.
Buyers Defend the Key Support Level
The In/Out of the Money Around Price (IOMAP) data shows that 58.09% of AVAX supply is in profit, with 20.61 million AVAX currently held above the breakeven zone. On the other hand, 14.75 million AVAX, or 41.59%, is still out of the money, meaning many investors are waiting for price appreciation to recover losses. The cluster of demand around $25.28 to $26.07 represents a crucial area where buyers have historically stepped in, preventing further downside.
However, the resistance ahead remains significant. The data reveals that 5.31 million AVAX was purchased between $29.36 and $30.15 by 71.57K addresses, marking this region as a potential profit-taking zone. A decisive push above $30 could trigger a stronger bullish move, but failing to break this resistance could see AVAX consolidating before another attempt.
Momentum and Next Price Targets
With 32.39% of AVAX’s total volume concentrated in key levels, the current market structure suggests that bulls need to maintain control above $26 to fuel the next rally. If the price drops below $25.30, it could lead to a retest of lower support levels, potentially bringing $24.50-$23.70 into play. On the upside, reclaiming $27.78-$28.57 could build enough pressure to test the $30 resistance.
Ali_Charts’ analysis suggests that AVAX’s price movement is heavily influenced by on-chain positioning, and the battle between buyers and sellers in this range will determine the next major move. As the token hovers near a pivotal zone, traders are closely watching whether AVAX can maintain this bullish structure or face a deeper pullback before another breakout attempt. The coming days will be crucial in deciding whether the anticipated move toward $30 and beyond materializes.
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