$AVAX : Avalanche 🚨💰
1. AVAX got close to reattempting the $30 level with the previous wick lows standing there.
It's recovered nicely from those lows and is back near the yearly open.
2. Whether this happens now or in 3 months, I believe these large caps will be great trades to make into the second half of the year.
3. For a long position, look for a reclaim of the yearly open at $38.57 followed by a move towards the previous range highs around $44. Under $44, I don't expect AVAX to do much. If AVAX reclaims the yearly open, expect a push to $41 and $44.
4. For a short position, look for a firm breakdown of the monthly open at $32.71, this would invalidate the recent uptrend and give way for a breakdown of the $30 level, with support levels standing at $28.75 and $26.50.
