AVAX is showing signs of a potential reversal after forming a double bottom near the $17 zone. It’s currently testing a key resistance trendline along with a minor horizontal resistance around $19.50–$20.50.A successful breakout and close above this zone could trigger bullish momentum toward $22+. However, rejection here may lead to another dip back toward support.
Price action is tightening, so a decisive move is likely soon.
DYOR, NFA
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Disclaimer
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