๐จ $AVAX โ Coiling for a Breakout? โ๏ธ
AVAX is forming a macro descending triangle and pressing against resistance. Price is sitting at $23.41, and a breakout above the trendline could send it flying toward $35โ$40.
๐ Key Signals:
RSI neutral, SAR tightening
MA(5) and MA(10) converging
Volume cooling = breakout brewing
โ ๏ธ Watch for a close above $25.70 with volume confirmation. Breakdown below $20 invalidates the setup.
๐ฏ Targets after breakout: $35 โ $40 โ $57+
๐ Drop a โโ๏ธโ if youโre eyeing this move!