$AVAX : Avalanche Awakens – Rally Gaining Steam

$AVAX is surging with conviction, reclaiming $30 after a sharp rebound from the $28.81 support zone. The +5.96% daily pump, coupled with bullish engulfing candles on the 1H timeframe and volume spiking to 1.47M, signals buyers overpowering sellers. Price action just cleared the $30.50 pivot, hinting at a multi-day breakout toward prior highs.

Long Trade Setup

• Entry Zone: $30.95 – $31.15

• Stop Loss: Below $28.80

• TP1: $31.50

• TP2: $32.50

• TP3: $34.00 (extended target)

Market Insight:

Rising volume confirms the uptrend's strength, with MA5 at ~31.38 acting as dynamic support. As long as $AVAX holds above $30, expect acceleration watch for a close above $31.05 to confirm the next leg up.

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