$AVAX just pulled a textbook fakeout. Broke below the multi-year trendline, shook out weak hands, then reclaimed it almost immediately. That's the kind of price action that traps bears and sets up momentum. Now we're seeing follow-through.

This is classic structure — lose support, flip it back to support, then move. The reclaim matters more than the break. If $AVAX holds above that trendline on a retest, the setup's live. Watch for continuation or a pullback to confirm the flip.

Invalidation is simple: lose the trendline again and stay below. Until then, the fake-out worked in bulls' favor.