The AVAX price is nearing a key demand zone at $14.66, suggesting potential accumulation and a possible bullish reversal amidst weakening bearish pressure. A breakout above the $22.71 resistance could confirm a W-shaped recovery, with analysts forecasting a rally toward $47.50 by July 2025, pending resistance around $35.26. Historical patterns suggest potential repeat of AVAX’s November 2024 breakout, strengthening bullish sentiment if crucial levels are surpassed. After months of consistent bearish pressure, expert Lucky says AVAX is on the verge of bottoming out. The coin has dropped from its peak of $52.50 in December 2024 to its current price of $15.65. However, momentum seems to be shifting as we approach a pivotal demand area.