AVAX Holds Ground Amid Volatile Swings and Rising Buyer Interest

[Hypedyor]

The latest market action has been dynamic, showing a blend of strong moves and quick reversals that kept traders on their toes. Early gains were sparked by a swift price recovery that caught attention across the board, drawing in fresh interest and pushing momentum higher. As the session progressed, the buying pressure intensified, driving prices toward key resistance levels before a series of sharp pullbacks set in. These rapid shifts reflected a mix of opportunistic profit-taking and stop orders being triggered, adding to the day’s volatility.

 

I turned to BingX AI to see how these swings affected my own positions, particularly with #AVAX, which has been active in the $22.66–$24.04 range. One standout moment came during the 20:00–21:00 window when AVAX surged 2.6% from $22.98 to $23.58, backed by a significant spike in trading volume. This momentum carried into the early hours, peaking at $24.04 before sellers briefly took control, sending the price back toward the $22.90 region.

 

Overall, For traders, the challenge is identifying whether this setup will lead to a breakout or stall below resistance.

Could this be the key to catching the next decisive move?