$AVAX has officially broken out from its recent resistance zone and is now finding solid support at previous lows — a bullish confirmation that’s getting traders’ attention.
📊 Why This Matters:
Trend Shift: The breakout signals a potential reversal from consolidation to an uptrend.
Support Retest Success: Price retesting and holding the prior low as support adds conviction to the move.
$ETH Parallel: Market behavior mirrors ETH’s recent bullish surge, suggesting sector-wide momentum could lift AVAX.
📌 Critical Hurdle — $27
This is the line in the sand. A clean break with strong volume above $27 could trigger:
FOMO buying
Short squeezes
Momentum-driven rally into higher resistance zones
📈 Potential Upside:
Above $27, the next visible targets sit around $29.50 – $31, and if momentum stays hot, even $34+ is on the table.
⚠ Risk Management:
Always lock in your stop loss below key support to avoid getting caught in a fakeout. Remember — strong rallies often come with quick pullbacks.
Bottom Line: AVAX is heating up, and clearing $27 could open the gates for a powerful run. Traders are watching closely — are you? 👀
