$AVAX APPROACHING A CRITICAL STRUCTURE INFLECTION POINT 📈
$AVAX is currently navigating a high-timeframe consolidation phase that demands close observation of the order flow. The current price action indicates a potential liquidity sweep is forming, which often precedes a significant shift in market character.
We are monitoring the volume profile to see if buyers can reclaim the local resistance level. A sustained move above current levels would suggest a shift in momentum, but we remain cautious until a confirmed break of structure occurs.
Do you view this consolidation as a re-accumulation phase or a distribution pattern?
Not financial advice. Always manage your risk.
#AVAX #MarketStructure #TechnicalAnalysis #Crypto
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