Panjang

AVAX/USDT Weekly Reversal Zone — Major Support Holding

🟨 CRITICAL ZONE (Key Support Area)

AVAX is currently trading within a major demand zone between $13.5–17.5, a historically strong support area that previously acted as the base for significant upward movements. Multiple weekly candles show rejection from this level, indicating buyer interest.

📊 Pattern Overview:

Double Bottom / Potential Triple Bottom:
The chart illustrates a clear double bottom structure, potentially forming a triple bottom, suggesting accumulation and reversal from the lows.

Bullish Projection Path:
The yellow arrow outlines a projected bullish impulse wave, targeting higher resistance levels if support holds.

📈 Bullish Scenario:

If AVAX maintains support at around $17.1:

1. Price may first test $20.25 (initial resistance).

2. A breakout above $20.25 could open the way to:

$24.98 (strong weekly resistance)

$32.75 (previous distribution zone)

$55.42 (major target/resistance zone)

3. In an extended bullish cycle, price could revisit:

$98.87, $110, and even $128.62 long term (2026+)

A confirmed breakout above $25 with strong volume would further validate the bullish case.

📉 Bearish Scenario:

If the $15–17 support zone breaks down:

1. Price could drop further to:

$11.00 (minor support)

$8.61 (historical low and weekly support)

2. This would indicate strong bearish pressure, potentially leading AVAX into a longer-term accumulation phase.

🔍 Conclusion:

This is a critical decision zone for AVAX. The technical structure shows signs of accumulation and possible trend reversal. However, if support fails, a deeper retracement could occur. Traders should watch this area closely for breakout or breakdown confirmations.

#AVAX #AVAXUSDT #Avalanche #CryptoReversal #TechnicalAnalysis #Altcoins #WeeklyChart #CryptoSupportZone #CryptoBreakout

CryptoNuclear

✅ Get Free Signals! Join Our Telegram Channel Here: t.me/TheCryptoNuclear

✅ Twitter: twitter.com/crypto_nuclear

✅ Join Bybit : partner.bybit.com/b/nuclearvip
✅ Benefits : Lifetime Trading Fee Discount -50%

Juga pada:

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.

CryptoNuclear

Juga pada: