$AVAX /USDT – Weekly Technical Outlook:
Avalanche ($AVAX ) is currently retesting the 0.786 Fibonacci retracement level around $16, following a breakout from a falling wedge pattern.
If this support level holds, potential upside targets are projected at $26.78, $32.36, and $37.94. However, a sustained move below $15.50 would warrant caution.
