The cryptocurrency Avalanche (AVAX) has finally broken free from a prolonged bearish grip and is now showing signs of a strong trend reversal that could mark the beginning of a larger upward movement. After months of struggling beneath a declining dynamic resistance, AVAX has now decisively broken above it.
This breakout came after the confirmation of a swing failure pattern at the lows – a technical signal that often suggests a trend reversal. Since then, the price has rapidly reclaimed critical value zones, including the high-value area and point of control from the previous range.
🔹 What Has Changed?
The long-standing resistance has flipped into support, confirming a shift to a bullish market structure.
AVAX has regained access to key price levels that had previously acted as strong resistance.
Trading volume surged during the breakout, suggesting this move is backed by genuine buying interest, not just short squeezes.
📈 What Are Analysts Watching Now?
The next critical step is whether AVAX can hold above the newly flipped support zone and form a higher low – a crucial confirmation of a sustained uptrend. If that happens, the path opens toward the next key target: $28.70, a level that has historically acted as strong resistance.
⚠️ What Could Undermine the Rally?
However, if AVAX fails to maintain its position above the breakout level, there’s a risk this move could turn into a false breakout, leading to a return into the previous trading range. That’s why price action in the coming days will be critical.
🔮 Short-Term Outlook
If AVAX successfully forms a clear higher low, the bullish scenario will be confirmed, making a push toward $28.70 much more likely. This optimistic setup is further supported by renewed market interest and the impulsive momentum behind the breakout. All eyes are now on whether key support holds and trading volume remains strong.
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