๐ Avalanche ($AVAX ) Preparing for a Bullish Breakout
AVAX is compressing inside a triangular structure, repeatedly rejecting from the resistance trendline. Momentum is building โ and a breakout could trigger a strong upside move.
๐ Technical Overview: โข Pattern: Triangle formation with multiple resistance rejections
โข Bias: Bullish โ breakout setup forming
โข Resistance: $10.60 (break & close above = momentum trigger)
โข Support: $8.90 (key invalidation level)
๐ฅ A confirmed breakout above $10.60 may open the path toward new local highs.
โ Risk Warning:
If price drops below $8.90 support, the bullish structure will be invalidated.
๐ฒ Levels, alerts & live updates available
AVAX
8.89
-1.87%
