🚀 **AVAX Price Prediction & Technical Analysis**

Avalanche ($AVAX) is currently attracting significant attention, showing dynamic price movements. This technical analysis provides insights into potential trends and key levels for traders.

Currently, $AVAX is navigating critical resistance around the $35.50 mark. A decisive breakout above this level, ideally with increased volume, could signal a strong bullish continuation.

Key support for $AVAX is established near $32.80. Maintaining this level is crucial for price stability and to prevent a deeper retracement in the short term.

📈 A potential bullish scenario targets TP1 at $37.20 and TP2 at $39.50. Traders should look for confirmation from indicators like the RSI for oversold/overbought conditions.

📉 Conversely, a sustained break below $32.80 could lead to a retest of the next major support zone around $30.00. Prudent risk management is always advised.

For potential Entry, consider either a confirmed retest and bounce from $32.80, or a clear breakout and retest above $35.50. Always define your SL.

Recommended SL placement could be just below the $32.00 psychological level, or a previous structural low, depending on your Entry strategy and risk tolerance.

The cryptocurrency market is highly volatile. This analysis is for educational purposes and should not be considered financial advice. Conduct your own thorough research.