AVAX price started the week on a higher note and continued to print the gains. The price faces resistance near three-month highs near $103.However, the downside risk remains limited as the current price action suggests strong buying momentum.
AVAX price locks in meticulous gains on Saturday.
Bulls aim for $120 on a decisive close above $102.
The momentum oscillators tilt in favor of bullish sentiment.
AVAX price look for further gains
Source: Trading view
AVAX price is making efforts to continue moving north as tested the levels last in January. A strong green candlestick indicates the underlying bullish current in the asset. Next, if the price is able to breach the highs of March 5 at $106.59 then it would be easier for the bulls to march higher.
A resurgence in the buying pressure would push into a higher trajectory toward the psychological $120.0 level.
On the other hand, a shift in the bearish sentiment could result in the pullback in the price towards the lows of sessions at $96
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