AVAX is Coiling for a Monster Move! 🚀📈 Are You Ready for the Breakout?
AVAX is compressing inside a massive multi-year symmetrical triangle on the weekly chart — a classic setup where volatility shrinks before an explosive move. And guess what? The coil looks nearly complete!
🔹 Entry Zone: Accumulation zone highlighted near current market price (CMP) around $17
🎯 Breakout Target: If AVAX breaks out, we could see a rally up to $147 — that’s a staggering +550% gain!
⚠️ Resistance Zone: Watch the $45–$50 range — a key historical supply area
✅ Strong Support: The ascending trendline from 2021 continues to hold as a powerful base
Why This Chart Has Backing:
Avalanche (AVAX) isn’t just hype — it’s one of the fastest smart contract platforms with ultra-low finality times. Its Subnets (custom blockchains) are gaining serious momentum, especially for gaming and enterprise use cases. With the rise of DeFi and NFTs on Avalanche, the fundamentals are catching up with the technicals.
If this breakout confirms, AVAX could be one of the top large-cap performers of the next cycle. Stay sharp and always Connected