Avalanche (AVAX) continues to show positive trends as it approaches a key resistance level at $27. Traders are analyzing the possibility of a breakout that may lead to further gains.
Resistance at $27 Defines Market Direction
AVAX has tested the $26–$27 zone multiple times since April, each attempt meeting strong selling pressure. This area has become a clear ceiling on the daily chart.
Experts note that if Avalanche can close above $27 with volume support, the path to $32 and $37 will become more open. A breakout could encourage renewed buying interest.
Strong Support Levels Remain Intact
Price action since mid-July has formed higher lows, reflecting accumulation rather than speculative spikes. The $20–$21 area repeatedly acts as reliable support during market retracements.
Each rebound from this zone has pushed AVAX back toward the upper resistance boundary, maintaining a horizontal trading structure. Failure to overcome $27 could see the price returning toward $22 or even $20 support.
Breakout Could Signal a Structural Shift
When it breaks out and rises above $27, this may lead to a change in character from back-and-forth trading to an impulsive upward trend. Reduced overhead resistance up to $32 and $37 provides a clear technical pathway.
These target levels align with prior congestion zones, where the price reacted sharply in previous trading cycles. Sustained buying pressure will be necessary to confirm this breakout scenario.
The situation surrounding Avalanche (AVAX) continues to evolve, with the market closely watching the reaction around $27. A breakout could change the current trading structure, opening the path for further growth.
