🚨 AVAX Update & Scenario ‼️
On the higher timeframes, $AVAX is starting to look quite strong.
We’ve not only broken out of the previous bearish structure, but also reclaimed an important resistance level.
Price first pushed above the highs of the 4-month accumulation range, then successfully retested that area and is now bouncing from it.
If $AVAX manages to gain solid acceptance above the grey zone, I believe the next move could target around $14.8.
Trade accordingly 👇🏻
$AVAX
On the higher timeframes, $AVAX is starting to look quite strong.
We’ve not only broken out of the previous bearish structure, but also reclaimed an important resistance level.
Price first pushed above the highs of the 4-month accumulation range, then successfully retested that area and is now bouncing from it.
If $AVAX manages to gain solid acceptance above the grey zone, I believe the next move could target around $14.8.
Trade accordingly 👇🏻
$AVAX