$AVAX just staged a textbook volatility run.
Price surged over 7%, tagging the 12.38–12.45 supply zone before cooling off. The pullback that followed was measured and orderly, holding above the 12.10–12.15 demand area and preserving the broader structure.
Parabolic SAR flipped during the move and is now hovering close to price, signaling a transition phase rather than trend exhaustion. Volume expanded on the push higher, then compressed during consolidation exactly what strong markets do before choosing direction.
If buyers reclaim 12.30 with conviction, another drive toward the highs comes back into play. Lose the current base and momentum shifts quickly. This chart is coiled, and the next expansion could be decisive.

AVAXUSDT
Perp
12.26
-0.71%
