$AVAX is forming a potential Double Bottom after buyers defended the $7.35–$7.40 support zone twice, signaling strong demand and a possible bullish reversal.
The key level is the $7.53 neckline. A decisive breakout and hold above it could accelerate momentum toward $7.70, putting bulls back in control of the short-term structure.
Market bias: cautiously bullish — breakout confirmation is key.
#AVAX #Avalanche #CryptoTrading #Altcoins #BrentDrops1.87% $AVAX
The key level is the $7.53 neckline. A decisive breakout and hold above it could accelerate momentum toward $7.70, putting bulls back in control of the short-term structure.
Market bias: cautiously bullish — breakout confirmation is key.
#AVAX #Avalanche #CryptoTrading #Altcoins #BrentDrops1.87% $AVAX