$AVAX at $18.26 — Break from Wedge or Fakeout?
$AVAX is trading at ~$18.26 — a +2.4% jump intraday, hovering near the top of the wedge breakout zone.
Here’s the tech breakdown (4H chart):
📌 RSI ~58: momentum leaning bull
📌 MACD just crossed positive — early bullish sign
📌 Volume climbing ~10% over last 24h — breakout validation
📌 Resistance = $18.58 (today’s high); Support = $17.77 (today’s low)
Big picture: still in that falling wedge pattern from last week. A sustained move above $18.58 could fuel a rally toward $20+. But failure here might lead to a drop to $17 or lower.
With $BTC stable at ~$108.9K, alts like $AVAX can catch the wave.
What’s your play — buy the breakout or wait for a cleaner signal?
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