AVAX Critical $16 Support: 90% Rally to $32 or Drop to $11?

Avalanche AVAX is testing critical $16 support after retracing from bullish targets. The analyst explains a potential 90% rally to $32 if support holds, or a bearish drop to $11. Despite underperformance, AVAX shows value at current levels with minimal longs. Learn key RSI levels, liquidity zones, and risk management strategies for trading AVAX in this crucial moment. Watch now to understand both scenarios! *BloFin* - get up to $10,000 USD bonus and 50% fees discount (Non-KYC) https://blofin.com/invite/Parrot *Bybit* - 500 USD Position Airdrop https://www.bybit.com/en/airdrop-activity-new/?campaign_id=26220&affiliate_id=32835 *OKX* - get 25% trading fees discount and $200 bonus https://www.okx.com/campaigns/deposit-and-trade?channelId=PARROT *LUXALGO* - get 30% off premium indicators https://luxalgo.com/?rfsn=7319962.bc4156 *HYBLOCKCAPITAL* - get 15% discount https://hyblockcapital.com/referer/FX5SDJ *Material Indicators* - get 15% discount using the code TTP15 - fire charts https://materialindicators.com/?ref=53298 *TradingView* - get up to $30 https://www.tradingview.com/?aff_id=30026&source=discord *3Commas* - get 50% yearly discount https://app.3commas.io/auth/registration?c=TheTradingParrot *Altrady* - get 12.5% sign up discount _(use coupon "tradingparrot")_ https://app.altrady.com/?a=tradingparrot *Gainium* - get 36% discount to trade and backtest bots https://gainium.io/?a=1754&aid=TTPVIP *Koinly* - get $20 off discount. Calculate your taxes in minutes with https://koinly.io/?via=8BF39B7C *Pionex.com* - get 20% fees discount https://www.pionex.com/sign/ref/npxtla8X2T *Tangem* - get 10% discount when buying a Tangem hardware wallet, use code ZXZC8L https://redirect.sale/tangem/?promocode=ZXZC8L *TradingDifferent* - get 15% off https://tradingdifferent.com/code/f17Ur3Sq *TradingLite* - get 15% off https://www.tradinglite.com/join?ref=TheTradingParrot *TTP Social* *Patreon* - https://patreon.com/thetradingparrot *Telegram* - https://t.me/TradingParrot *Twitter* - https://twitter.com/TradingParrot *Instagram* - https://www.instagram.com/thetradingparrot/ *TradingView* - https://www.tradingview.com/u/TheTradingParrot *Discord* - https://discord.com/invite/abgGYX3Cr7 Trade *Trading Parrots NFT* collection https://opensea.io/collection/trading-parrots 00:00 Avalanche Weekly Analysis & Double Bottom Pattern 01:49 Bullish vs Bearish Price Targets ($32 vs $11) 04:14 Risk Assessment & Triple Support Analysis 06:11 Social Sentiment & News Analysis *DISCLAIMER* This video is not intended for UK/US residents. The information presented in this video is for educational and entertainment purposes only and is not financial advice. I am not a financial advisor. Trading can result in loss of funds. Individuals must consider all risk factors including their own personal financial situation before trading. All individuals are responsible for their own trades and investments. #AVAX #Avalanche #CryptoAnalysis #AltcoinTrading #CryptoTrading