Avalanche

$AVAX \ AVALANCHE

243
AVAX is trading below the long-term descending resistance line on the weekly chart.

The price is moving within an ascending channel, rebounding upward from a strong demand zone.
This structure signals a potential trend reversal.

If the critical downward trend breakout occurs, a new upward wave will begin in the market structure. The area to watch: weekly close above the resistance line.

Expectations are high, confirmation is required.

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