Will $AVAX RALLY SOON ⁉️
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Market Activity Recap:
1. AVAX displayed short-term bullish momentum.
2. Open interest surged with a positive CVI.
3. Momentum stalled in the evening, signaling potential errors.
Fundamentals:
1. Daily transactions and active addresses remained flat.
2. Total locked value increased in the last few days, indicating bullishness.
Price Movement:
1. AVAX potentially consolidating around $35.
2. Bullish breakout expected with a target of $40.
3. AVAX's price action influenced by Bitcoin's movement.
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