AVAX 4H – Range-Bound Between Supply and Demand, Can It Escape?

AVAX has been locked in a well-respected range for months, bouncing cleanly between a strong supply zone around $26–$28 and a well-established demand zone near $15–$17. Each visit to either extreme has resulted in sharp reversals, signaling a balanced market stuck in accumulation/distribution.

Currently, price has bounced from mid-range and is approaching the upper half — but with Stoch RSI entering overbought, bulls may face short-term exhaustion.

📉 Key Levels:
– $26–$28: Heavy supply / previous double rejection zone
– $15–$17: Accumulation base that triggered two rallies
– $22.5–$23.5: Mid-range turbulence with no clear bias

⚠️ Until price breaks either extreme with conviction, range trading logic applies: fade extremes, avoid the middle chop, and wait for expansion.

Breakout traders: Stay patient.
Range traders: Eat well.

👇 Let me know if you're playing the bounce or waiting for the break.