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AVAX Faces $8.50 Support Test as Whales Position for $10.20 Move

AVAX Faces $8.50 Support Test as Whales Position for $10.20 Move

AVAX has a 65% probability of testing $8.50 support within the next 10 days before potentially moving toward $10.20 resistance, according to market analysis. Whale investors are building long positions while retail hesitation keeps momentum flat.

The 10-Day Support Window

Traders are eyeing a critical 10-day period where AVAX has a two-in-three chance of touching $8.50. This support level has held firm in recent weeks but now faces pressure from shifting investor dynamics. The analysis gives no time for hesitation—this window starts now and closes fast.

Whales Accumulate as Retail Wavers

Large investors are loading up on AVAX contracts, betting the dip to $8.50 will hold. Their aggressive positioning contrasts sharply with retail traders, who’ve pulled back and let the market stall. That hesitation is why price action feels stuck, with volume shrinking daily. It’s not fear—it’s caution from smaller players waiting for clearer signals.

What Happens After $8.50?

If AVAX hits $8.50 and holds, the path opens toward $10.20 resistance. But that move only gains traction if the support test succeeds. Whale investors already positioned for this scenario could push prices higher once the floor is confirmed. The market’s next pivot point hinges entirely on what happens at $8.50.

The Clock Is Ticking

The 10-day countdown for the $8.50 test is active. Any delay beyond this window resets the probability outlook. Traders watching this play have until the end of the period to see if retail hesitates long enough to derail the whale-fueled rebound toward $10.20.