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Old Liu talks about the latest strategy for AVAX: Currently, AVAX has shown a double bottom pattern, and once successful, the previous resistance level will turn into strong support. Looking at the fundamentals, recent market data is impressive, with volume skyrocketing 109% within 24 hours, and the number of active addresses has surged by 221%. Both market enthusiasm and participation are significantly increasing.
Based on the trend, AVAX is likely to consolidate in the price range of $23.5 - $25.5 for a few days, and after building momentum, it will most likely break upwards. It is worth paying close attention to the subsequent developments and seizing the opportunities.