AVAX Poised for a Comeback — Bullish Momentum Expected
I believe Avalanche (AVAX) is set to return to the spotlight after recent consolidation.
I expect renewed developer activity and DeFi growth to support upside if on-chain metrics and volume pick up.
I will watch for a clear breakout above resistance or accumulate selectively on dips with disciplined risk management.
Analysis
AVAX appears to be emerging from a consolidation phase; a rise in volume and improving on-chain indicators would confirm bullish momentum. Key resistance and support levels should guide entries.
Recommendation
Adopt a buy bias: accumulate on confirmed breakouts or measured pullbacks, keep position sizes conservative, and set a stop below recent support.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.