🚀 Avalanche ($AVAX ) Preparing for a Bullish Breakout
AVAX is compressing inside a triangular structure, repeatedly rejecting from the resistance trendline. Momentum is building — and a breakout could trigger a strong upside move.
📊 Technical Overview: • Pattern: Triangle formation with multiple resistance rejections
• Bias: Bullish — breakout setup forming
• Resistance: $10.60 (break & close above = momentum trigger)
• Support: $8.90 (key invalidation level)
🔥 A confirmed breakout above $10.60 may open the path toward new local highs.
⚠ Risk Warning:
If price drops below $8.90 support, the bullish structure will be invalidated.
📲 Levels, alerts & live updates available
AVAX
8.92
-2.08%
