Trendline support has failed and bears are gaining short-term control. Unless bulls reclaim $65.7K, I'm targeting the 0.382–0.618 Fibonacci support cluster at $63.2K → $61K.
$AVNT has completed one of the deepest corrections on the market, losing more than 96% from its all-time high and entering a prolonged accumulation phase.
After months of relentless selling pressure, price has stabilized near historical lows where downside appears increasingly limited compared to the potential upside.
This type of structure is often seen near the end of major bear markets, when volatility contracts, weak hands exit the market, and long-term accumulation begins.
The current price is sitting inside what could become a major demand zone, making this one of the most interesting risk-to-reward areas on the chart.
If buyers manage to defend this support and reclaim momentum, the first major confirmation would come from a breakout above the long-term descending structure that has capped every rally since the all-time high.
A successful breakout would signal a complete shift in market structure and could mark the beginning of a new expansion cycle.
From current levels, the long-term projection points toward the $3 region, representing a potential move of roughly +3,100%.
That target would also place AVNT back near its previous cycle highs, where price is likely to encounter significant resistance for the first time.
The recovery is unlikely to happen in a straight line.
Strong rallies are typically interrupted by corrections and consolidation phases, allowing the market to build momentum before continuing higher.
As long as price continues to hold the current accumulation zone, the broader structure remains constructive and favors a bullish reversal rather than continued downside.
If $AVNT confirms a breakout from this long-term base, it could become one of the strongest recovery stories of the next crypto market cycle.
Trendline support has failed and bears are gaining short-term control. Unless bulls reclaim $65.7K, I'm targeting the 0.382–0.618 Fibonacci support cluster at $63.2K → $61K.
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We don't need the CLARITY Act to remind us what conviction looks like.
Real momentum comes from: 🔥 Consistent development 🗳️ Community governance 🔥 Ongoing LUNC burns ⚙️ Builders who keep improving the chain 💎 Holders who stay through every cycle
Regulatory clarity can help the broader crypto market, but Terra Classic's future will be shaped by what this community builds together.
This is good news i was skeptical about $BTC & $ETH rally continuation due to the delay in getting the Clarity act passed but seeing this now, i believe we are good to go
So far , the $BTC uptrend is still intact too. Everything is aligning ⏳️...