$AVAX breakout retest = next leg?
AVAX has pushed through the ascending triangle with a noticeable volume expansion, putting buyers firmly in control of the breakout.
Now price is coming back to test that former resistance. The Ichimoku Cloud is sitting underneath as an additional support area, making this retest especially important.
If AVAX holds the breakout zone and buyers step back in, the structure could set up for another leg higher. đđ
The retest is the key. Let the price confirm it.
Not financial advice. Do your own research and manage your risk. $AVAX
AVAX has pushed through the ascending triangle with a noticeable volume expansion, putting buyers firmly in control of the breakout.
Now price is coming back to test that former resistance. The Ichimoku Cloud is sitting underneath as an additional support area, making this retest especially important.
If AVAX holds the breakout zone and buyers step back in, the structure could set up for another leg higher. đđ
The retest is the key. Let the price confirm it.
Not financial advice. Do your own research and manage your risk. $AVAX
