The current AVAX price indicates consolidation under a crucial resistance zone, hinting at a possible drop to $22. Whale activity has waned significantly since February 2025, leading to fewer large transactions which raises concerns about AVAX’s short-term price trajectory.
Should the price drop to $22, this level could create an accumulation zone for potential buyers. Historically, AVAX has rebounded from this support area, making it a critical price point to watch for potential recovery.