币界网报道:Avalanche's native token AVAX has broken out of its consolidation phase, establishing strong support at $17.07 with above-average trading volume, according to technical analysis. The asset gained 0.8% in the past 24 hours while the broader CoinDesk 20 index declined 0.4%. AVAX demonstrated resilient price action, forming higher lows and testing resistance at $17.63 multiple times, indicating potential for continued upward momentum. The token showed significant volatility with a recovery pattern from $17.37 to $17.45, followed by a double bottom formation before rallying on increased volume. The final price movement from $17.37 to $17.46 suggests renewed buying interest and possible continuation of the uptrend.