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If you zoom out to the weekly, you’ll notice something important price is sitting right back at that major 8–9 support zone. This is the same area that has held multiple times over the past couple of years. Every time $AVAX dipped into this region, it eventually gave a solid bounce.
This time, we even saw a wick below the level and a quick reclaim. That kind of move usually means liquidity was taken and buyers stepped in. As long as AVAX keeps holding above this base on weekly closes, there’s room for a push toward 13 and possibly 15 next.
But here’s the key, if this support gives way, the structure changes completely. So this isn’t just another random level… It’s a decision zone.
Now the question is: do buyers defend it again?
DYOR, NFA
#AVAX #Altcoin $AVAX