AVAX Is Approaching $42 Resistance — What to Expect
According to GK-ARONNO on Binance Square, #AVAX is still trapped inside a triangle pattern and has yet to break past resistance decisively. While it may eventually break upward, for now the resistance at $42 looks like a potential target for taking profits. From that level, a short position could be considered if price fails to break through.
What to Watch
Triangle pattern: Price is still contained — no breakout yet.
Resistance at $42: Key level to monitor.
Profit potential: Might be smart to take gains around this resistance.
Risk of reversal: If AVAX cannot push past $42, a short move could follow.