$AVAX is back above $9.

A bullish ascending triangle is forming on the lower timeframes, and price has already broken out of the October 10 downtrend. Now it’s moving sideways, likely preparing for the next move.

The next major level to watch is the multi-year downtrend, sitting about 74% from here. Clear that, and #AVAX could go vertical toward $147.

As long as $7.55 holds, the long-term 2026 target remains $400.#Avalanche