AVAX has successfully surpassed a crucial resistance after facing eight rejections, indicating a potential rally. To solidify this breakout, the price must remain above 26.75 USD, with expectations of reaching up to 32 USD if it holds.
Despite positive indicators, increased profit-taking may pose challenges to the rally as substantial funds move to exchanges. The trading volume for AVAX has surged by 50%, reflecting heightened interest among traders.
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