Avalanche(AVAX) recent trading activity has significantly increased, with the 30-minute candlestick trading volume up by 39.9% quarter-on-quarter. Such abnormal fluctuations in trading volume often indicate that the market may be entering a critical period.



From a technical perspective, AVAX is currently hovering around 12.548 USDT. The key support level is at 12.443, only 0.83% away from the current price, and the entire support zone is distributed between 12.434 and 12.573. This dense support area provides a good entry opportunity for bulls.

In trading strategies, you can consider placing a buy order near 12.443 and setting a take-profit target at 12.767, which is the resistance level above. The increase in trading volume is often an important signal before a market move begins, and it is worth continuously monitoring AVAX's upcoming price performance and trading dynamics.
AVAX-1,44%
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PebbleHandervip
· 7h ago
I've seen many tricks to increase trading volume, but the question is whether it can hold up against that support level.
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RugPullSurvivorvip
· 13h ago
A surge in trading volume isn't necessarily a good sign. I got crushed last time during such a moment. Can AVAX hold the 12.443 level this time?
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AirdropGrandpavip
· 13h ago
Trading volume increased by 39.9%... This time, it's not a false alarm, right? How many times have we seen this before?
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GasFeeSobbervip
· 13h ago
Increasing trading volume is indeed interesting, but it's also the easiest time to be dumped on. Be careful not to get caught.
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MEVHuntervip
· 13h ago
I’ve been paying attention to the increased trading volume, but honestly, this 39.9% increase depends on whether there are whales lurking in the mempool... The support level at 12.443 is indeed quite dense, but I’m worried it might be a trap for shorting.
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AlgoAlchemistvip
· 14h ago
Trading volume surged by 39.9%, this momentum is a bit overwhelming, but with support levels so dense, I'm a little hesitant... I'll wait and see.
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BlockchainRetirementHomevip
· 14h ago
I'm tired of the routine of volume surge being called the "important signal before the market starts." And what happened in the end? It was still smashed down.
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