AVAX Analysis
Price Action: AVAX is currently trading at 27.87 with a 1.38% increase in the past 24 hours.
Volume: The volume has been steadily increasing, suggesting growing interest in AVAX.
Moving Averages: AVAX is currently above the 50-day moving average, indicating a short-term uptrend. However, it's still below the 200-day moving average, suggesting a longer-term downtrend.
Resistance Level: A key resistance level to watch is around 28.55. A break above this level could signal a stronger uptrend.
Support Level: A key support level to watch is around 26.93. If the price drops below this level, it could indicate a potential reversal.
