The cryptocurrency Avalanche (AVAX) is currently trading at $24.966, representing a 0.33% decrease for the day. The token has entered a key buy zone, as indicated by the green band on the price chart. This suggests that AVAX may be at an accumulation level, attracting long-term buyers. The price action shows consolidation near the lower bounds of this important area. Resistance is set around the $70-$80 range, with mid-level resistance at $50-$55. AVAX has experienced volatility, briefly surpassing $60 in late 2024 before retreating. The green band has consistently acted as a support zone for the token's price. Traders are monitoring the $25 level, which aligns with the lower boundary of the buy zone. Breaking this level could lead to a drop towards $20, while a successful rebound may result in AVAX attempting to retest mid-range resistance. Analyst Charting Guy views the current buy zone as an optimal opportunity for accumulation, but caution is advised. The likelihood of a sustained rally or further consolidation depends on market sentiment and AVAX's ability to attract renewed interest.



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