Avalanche (AVAX) has been one of the standout performers in recent weeks, surging more than 53% since March 11 as bulls attempt to kickstart a broader recovery rally. The strong rebound follows a brutal correction in which AVAX lost over 72% of its value since mid-December 2024, triggering widespread capitulation and fear across the market. Now, with price action showing signs of strength, investors are cautiously optimistic — but uncertainty remains. Related Reading: Solana Tags Upper Bollinger Band For First Time Since ATH — Is Momentum Returning? While the recent rally has brought some relief, many analysts believe the market may be entering a consolidation phase
source: https://www.newsbtc.com/news/avalanche/avalanche-12-hour-td-sequential-flashes-sell-signal-after-nailing-50-rally-details/