AVAX just pushed into a major supply zone, testing structure that’s capped price since early 2024. After months of chop and accumulation, bulls have finally reclaimed key support — but the real test is happening now.
Here’s the setup:
– Retesting structure after first rejection
– Sitting below a clear macro downtrend line
– Above an accumulation zone that held for months
– Next key target sits near $40–44, with confluence from prior highs and trendline resistance
This is the kind of move that either builds serious momentum — or turns into another trap. Wait for confirmation. Volume and reaction here will say everything.
#AVAX #Altcoins #CryptoBreakout #SupplyZone #TrendlineResistance #TechnicalAnalysis #QuantTradingPro #PriceAction
Here’s the setup:
– Retesting structure after first rejection
– Sitting below a clear macro downtrend line
– Above an accumulation zone that held for months
– Next key target sits near $40–44, with confluence from prior highs and trendline resistance
This is the kind of move that either builds serious momentum — or turns into another trap. Wait for confirmation. Volume and reaction here will say everything.
#AVAX #Altcoins #CryptoBreakout #SupplyZone #TrendlineResistance #TechnicalAnalysis #QuantTradingPro #PriceAction
Create strategies, explore thousands of TradingView ideas, & backtest at scale across symbols, timeframes, & parameters.
🌐 quanttradingpro.com
💬 Research & discussion: discord.gg/2systG9frc
🌐 quanttradingpro.com
💬 Research & discussion: discord.gg/2systG9frc
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
Create strategies, explore thousands of TradingView ideas, & backtest at scale across symbols, timeframes, & parameters.
🌐 quanttradingpro.com
💬 Research & discussion: discord.gg/2systG9frc
🌐 quanttradingpro.com
💬 Research & discussion: discord.gg/2systG9frc
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.