- The chart shows AVAX hitting the same $15.21 level five times which forms a strong support zone under the current range.
- The upper level of the range sits at $27.48 and the chart shows that major moves came only after price cleared this zone.
- The current path shows a curved move pointing upward from the $15.21 base and outlines a possible climb back to the top level.
AVAX trades inside a wide range that stretches from $15.21 on the lower boundary to $27.48 on the upper boundary, and the chart shows that major moves only formed once the asset broke beyond this zone, which is why the range now draws renewed attention as AVAX holds support for the fifth time.
A Five-Touch Support at $15.21
The chart shows AVAX reaching the $15.21 level on five separate occasions. Each touch produced a rebound. The arrows on the chart mark every point. This repeated action creates a clear support base. Price now sits above that level again.
The left side of the chart shows the first touch. After that rebound, AVAX traded toward the upper zone near $27.48. The second and third touches formed across the middle of the range. These two reactions held the floor for several months. The fourth touch happened after a steep decline from an earlier local high.
The most recent touch sits near the right side of the chart. Price then moved slightly upward. A curved blue line shows the possible next path. This path points toward the upper boundary. The chart notes that real moves came only when price broke the range. This level remains the key area to watch.
Range Structure Between $15.21 and $27.48
AVAX has spent a long period trading between these two levels. The wide zone creates a sideways pattern. This pattern shows stability at the bottom and heavy resistance at the top. The $27.48 upper line acted as a ceiling throughout every test. Neither side has broken since the first move into this range.
The chart uses two horizontal lines to show the limits. The lower band remains unbroken. The upper band also remains intact. Each time the price approaches the midpoint, the direction shifts. This repeated behavior forms the core of the current structure. Traders continue to monitor this zone closely.
The curved projection on the chart suggests a return toward the $27.48 level. That move would match earlier rebounds. The same curved path shows the expected momentum. It moves gradually upward from the most recent touch. The structure indicates that the next phase depends on how the price reacts near the upper band.
Monitoring the Breakout Conditions
The message accompanying the chart states that AVAX looks free at the current level. This refers to the clean support provided by the repeated touches. The chart also says that the real moves come when AVAX breaks out of its range. This aligns with earlier behavior.
Past breakouts brought strong momentum. Those moves only formed once the price crossed beyond either limit. The current structure shows no breakout yet. Instead, price holds firmly above the $15.21 band. The range remains active. A significant reaction forms only when either boundary breaks decisively.
The situation now raises a central question for traders following the chart: Will AVAX finally break the long range between $15.21 and $27.48 and produce the same strong move seen after earlier exits from major zones?
The chart provides only the support level, the resistance boundary, and the curved projection. AVAX remains inside the range. The asset moves steadily after the latest bounce. The market now watches the upper region as the next key test.
