AVAX Flips Market Structure with Bullish Breakout
AVAX has decisively shifted its market structure, breaking through dynamic support-resistance (SR) that had suppressed price action since February. A powerful swing failure pattern at the lows ignited this rally, propelling AVAX past the value area high and point of control with conviction.
Key Insights:
✅ Breakout Confirmed – Price has surged above dynamic SR resistance, now retested as support.
✅ Higher High Established – A confirmed higher low above this zone would solidify the bullish reversal.
✅ Next Target: $28.70– If AVAX holds this support and forms a clear higher low, the path opens for a continuation toward the swing high.
⚠ Watch for Weakness – Failure to sustain this level may trigger a retest of lower support.
Current Outlook: Momentum and structure favor the bulls. A confirmed higher low could fuel the next leg up, while a breakdown would signal caution.
TL;DR: AVAX breaks key resistance with strength—bulls now eye $28.70. 🚀