AVAX Eyes $36 Breakout as Bulls Crush $27.50 Resistance – Time to Load Up?

AVAX isn’t asking permission—it’s taking names. The token smashed through $27.50 like a wrecking ball, and now $36 looms as the next target. Traders who missed the memo are scrambling to catch up.

The Resistance That Wasn’t

So much for ‘strong resistance.’ AVAX treated $27.50 like a speed bump, not a barrier. Classic crypto—where ‘technical levels’ crumble faster than a Wall Street analyst’s credibility.

The $36 Gambit

With bullish momentum screaming, $36 is the next logical stop. No guarantees, of course—this isn’t a bond market (thankfully). But the charts are flashing green, and the crowd’s leaning greedy.

Bottom Line

AVAX isn’t waiting around. Either hop on or watch from the sidelines—just don’t cry when it’s at $40 and your fiat’s still gathering dust.

• AVAX price gains 7.29% over the past week, signaling a strong rebound.
• $27.50 remains the crucial resistance level to break for further upside.
• Trading volume jumps 60.14% in 24 hours, showing renewed buying interest.
• Open interest declines slightly, indicating cautious optimism in the market.

Avalanche (AVAX) has maintained a solid upward trajectory after a volatile market phase. Despite recent turbulence and a sharp pullback, the token has managed to recover steadily. Over the last seven days, AVAX has posted a 7.29% gain, underscoring renewed investor confidence.

At the time of writing, AVAX is trading at $25.14, with a 24-hour trading volume of $1.41 billion. This marks a significant 66.53% increase in trading activity, pushing the market capitalization to $10.44 billion. Such a spike in volume often signals growing market participation, particularly when paired with a stable or rising price trend.

AVAX Technical Setup Favors Bulls

According to crypto analyst @CW8900, AVAX is currently hovering around $25.20 after rebounding from the $23.50–$23.70 support zone. This area has consistently acted as a strong base, and the recent bounce came with increased trading volumes. The pattern points toward growing buying interest and suggests market sentiment is shifting positively.

The next immediate challenge lies in the $26.20–$27.50 resistance zone. Historically, this zone has rejected multiple bullish attempts, forming a heavy sell wall. A decisive break above $27.50, supported by strong volume, could trigger a swift push toward the next key resistance at $36.

Breakout Potential and Higher Targets

If AVAX clears the $27.50 barrier, the momentum could extend toward the $40.00–$41.50 range over time. The $36 mark remains the first upside target after the breakout, as it aligns with significant past resistance levels. Such a move WOULD likely require continued buying pressure and a favorable broader market environment.

Nonetheless, a break below $27.50 could see $23.50 retested, and in the process, support levels could be found on deeper levels of $20.50 to $21.00. So long as AVAX makes higher lows and remains above $23.50, its bullish setup remains intact.

Derivatives Data Shows Cautious Optimism

According to data from Coinglass, Avalanche’s open interest has dropped 5.39% to $779.17 million. This decline suggests that some traders have locked in profits and scaled back on Leveraged positions following the recent price rebound.

The OI-weighted funding rate stands at 0.0072%, signaling neutral-to-slightly-bullish sentiment. Such guarded Optimism prevents extreme bullish leverage, which reduces liquidation risks in volatility.

Balanced positioning minimizes the risk of sudden declines caused by volatility. In case spot demand continues and AVAX rises above $27.50, the route to $36 will be backed up by sustained purchases and moderate derivative flows.