$AVAX
Currency
A falling wedge triangle appears on the weekly chart, a technical pattern that tends to lead to an upward breakout. The price remains above its pivotal support at ~$18–$18.50, paving the way for a potential upward trajectory toward $20 this month, followed by $28 and $50 if the momentum continues.
#VeryImportant#
A negative breakout above the ~$17 support could push the price toward $15–$16 in a short-term bearish scenario.
Confirmation of the upward breakout and a weekly close above ~$18.50–$19 with high trading volume would be a clear signal for an upward entry with an initial target range of $20–$24, followed by $28–$33.