AVAX is consolidating within a symmetrical triangle after a strong impulsive upward move. The price is currently around $7.22, positioned near the lower trendline after a recent rejection.
🔑 Key levels: • Support: $7.15–$7.20 • Triangle resistance: $7.60–$7.75 • Bullish breakout: $7.75+ • Bullish target: $8.50+ 🎯 • Bearish breakdown zone: below $7.15 A confirmed breakout from the triangle could bring another strong move, while a bearish breakout would invalidate the bullish setup. 📈 AVAX is tightening up— the breakout is about to come! 🔥
I closed the short and now I’m looking for the buyer side. ETH is still showing strength, and the $2,430–$2,455 zone is where I want to build the long.
$ETH se is significantly more healthy than BTC here.
After breaking the descending channel that lasted for several months, it’s holding a tight bullish flag set at $2,522 above the 0.786 Fib. A clean continuation points to the 0.618 Fib at $2,746, with $2,450 acting as immediate local support.