AVAX Bulls Target $46 If This Key Barrier Falls

TL;DR

• AVAX trades between $22 and $27, with bulls needing a breakout to trigger higher levels.
• Avalanche’s C-Chain closed August with 35.8 million transactions, its second-highest monthly figure to date.
• MFI near 68 and a bullish MACD crossover show momentum favoring buyers as support holds.

Price Holds Below Resistance

Avalanche (AVAX) is trading at $25 with a daily volume of $697 million. The token slipped 2% in the past 24 hours but is little changed over the week. The chart shows repeated failures to break above $27, confirming it as a strong resistance level since March.