Will#AVAXRemain in Bull Trend? Latest Technical Analysis!

#Avalanche ($AVAX ) has recently experienced a significant increase in its price, attracting the attention of investors. So, what is the future of AVAX? What does technical analysis tell us?

On the daily chart:

* AVAX continues its uptrend by breaking the $29.50 resistance level.

* The $22-19 range stands out as the critical support level.

* Closing below this level may mean a trend reversal.

Technical indicators:

* Indicators generally support the upward trend.

* Indicators such as RSI and MACD give a buy signal.

General evaluation:

According to technical analysis, AVAX has a high chance of continuing its uptrend. However, it is important to remember that the $22-19 range is a critical support level. Closes below this level could lead to a trend reversal.

What should investors do?

* If you are considering investing in AVAX, it is important to follow the market carefully and consider technical indicators.

* Remember that the $22-$19 range is a critical support level.

* It is important that you do detailed research and consider the risks before investing.

What would you do if it were you? Are you considering investing in AVAX? Share your thoughts in the comments!