AVAX Technical Analysis
AVAX price has surged, breaking initial resistance and showing pullback candles. Watch for completion of the pullback and emergence of bullish patterns, signaling the potential reach of the subsequent resistance zone.
1/15/20241 min read
![AVAX analysis - Breakthrough of initial resistance, pullback candles, and anticipation of reaching t](https://assets.zyrosite.com/cdn-cgi/image/format=auto,w=1018,h=607,fit=crop/mP4DRvxXEycnaE1Q/3-dJoNxQpVyWt27XRq.png)
![AVAX analysis - Breakthrough of initial resistance, pullback candles, and anticipation of reaching t](https://assets.zyrosite.com/cdn-cgi/image/format=auto,w=328,h=196,fit=crop/mP4DRvxXEycnaE1Q/3-dJoNxQpVyWt27XRq.png)
• The AVAX price has advanced to a point where it has now breached its initial resistance area upwards, and we are observing pullback candles.
• Keep in mind, following the pullback's completion and the emergence of bullish patterns, the subsequent resistance zone becomes reachable.