AVAXUSDT is rebounding from the 19 support after a falling-wedge break, flipping the pullback into bullish continuation. Holding the trend-line keeps Avalanche pressed north; clearing 22.8 unlocks 25 and fresh-highs narrative 📈
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AVAXUSDT on the 6h chart is showing a series of consolidation and triangle patterns, each acting as a base for upward moves. The price is holding above 17.00 support, and the current structure suggests that a breakout above 18.50 could see AVAX test the 20.00–22.00 zone. The technicals remain bullish as long as AVAX stays above 17.00, with a reversal setup in play.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.