AVAX price is trading at a critical $27–$28 support zone, where whale accumulation and rising fundamentals could decide whether the price heads towards $37 or risks a deeper pullback.

AVAX price is shaping up for a decisive phase, with technical setups and on-chain activity both pointing towards the same direction. The market, however, appears split: some see AVAX Avalanche price building momentum for a bigger rally, while others caution that major resistances remain overhead.

AVAX Price Retests Range Breakout Zone

Walter White highlighted that AVAX price has returned to its breakout area, testing the $27 to $28 range that previously acted as resistance. This retest is crucial; holding here would confirm a flip of resistance into support, while failure could send the token lower.

AVAX retests the $27–$28 breakout zone, eyeing a move towards $32 or lower supports. Source: Walter White via X

From a structural standpoint, defending this zone could open a push back to $32, with the $36 to $37 double-top liquidity area as the next major target. But if sellers regain control and price slips below $27, the door opens to $25 to $24, where the next strong support cluster lies.

Whale Accumulation Adds Confidence

Backing this technical retest, Marc Shawn Brown reported that a whale accumulated more than $17 million in AVAX. This purchase came as price was stabilizing above $27, reinforcing the importance of this support.

Whale accumulation at such inflection points has historically fueled higher runs, as it removes circulating supply and signals stronger conviction from large players. If AVAX price can maintain levels above $27 to $28, this positioning suggests buyers are preparing for a move towards $32 and beyond.

Break Above $27 Keeps $37 in Play

Analyst ItzStr8Luck emphasized that the $27 breakout was a structural shift for AVAX. Holding this level keeps the bullish case alive, with $32 as the immediate resistance and $36 to $37 as the measured breakout target.

AVAX holding above $27 keeps $32 and $37 targets in play, but losing this level risks breaking its bullish structure. Source: ItzStr8Luck via X

The weekly chart shows that AVAX price has built higher lows since June, but losing $27 would negate this trend and risk another leg down. Participants are watching volume closely, sustained inflows on a defense of $27 would confirm momentum and lead the AVAX price higher.

AVAX/BTC Pair Hints at Bigger Reversal

The AVAX/BTC monthly chart shared by RebornAli3N shows a breakout forming after months of compression. The pair has been grinding higher from its lows, and the falling wedge structure is now resolving upward, often a sign of trend reversal. Supporting this move, the RSI has bounced back from oversold levels while the Stoch RSI has crossed upward, hinting at improving momentum.

AVAX/BTC breaks out of a falling wedge, with 0.00030 BTC as the key zone for confirming a larger reversal. Source: RebornAli3N via X

In terms of key levels, holding the breakout zone around 0.00028 to 0.00030 BTC could confirm the reversal and allow upside pushes towards 0.00050 BTC and later 0.00090 BTC. For USD pairs, this aligns with earlier ranges, where $32 is the first test and $36 to $37 sits as the bigger resistance cluster. A clean break above these would shift the AVAX price prediction towards the $45 to $50 zone.

Fundamentals Continue to Uphold Strength

Fundamentals are also catching up as Avalanche’s DEX volume nearly doubled in September, jumping from roughly $2.7 billion to over $5 billion. This rise in liquidity and user activity signals growing demand across Avalanche’s DeFi ecosystem.

Avalanche’s DEX volume nearly doubled in September. Source: Marc Shawn Brown via X

Rising network usage strengthens the case for long-term growth and provides a cushion against near-term volatility.

Final Thoughts

AVAX price action now revolves around the $27 to $28 support zone. A successful defense would keep upside targets of $32 and $37 alive, while a breakdown risks sending the token towards $24.

With whales accumulating, AVAX showing strength against Bitcoin, and DEX volumes climbing, bulls have strong arguments. Yet until $27 proves itself as a firm floor, sellers remain in play. The battle between these levels will define whether AVAX price prediction breaks out towards $37 or faces another period of consolidation.