Avalanche (AVAX) is showing signs of a potential price reversal after a 7% surge to $25.70. Despite a recent bearish trend, support at $24 has held firm, and a recovery is underway. Analysts note significant volume growth, reduced selling pressure, and improved market sentiment. For a bullish reversal, AVAX must surpass the 200-day EMA and key resistance at $33.5. However, falling below $24 could trigger further declines.

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