#Avalanche continues to trade within a broader range, with price recently facing rejection near the $9.80–$10.00 resistance zone.
The pullback from this level suggests that sellers remain active at the top of the range, preventing a clean breakout for now.
Current price action indicates a potential move toward the lower boundary of the range, with a key demand zone sitting around $8.50–$8.70. A rotation into this area would align with the ongoing consolidation structure and could provide the liquidity needed for the next move.
If buyers step in and defend this region,
$AVAX may attempt another push toward range highs, keeping the sideways structure intact. However, a breakdown below support would signal weakness and open the door for a deeper correction.
For now, the market remains range-bound, with both support and resistance levels clearly defining the next directional move.