$AVAX is back at a major support on the weekly demand zone around $9 the same region that sparked a massive rally in 2024
Price is compressing inside a long-term falling wedge, and we’re now sitting at the intersection of:
• Multi-year support
• Descending trendline support
• Historical accumulation zone
This is a high-risk, high-reward area. If this level holds and we get a strong weekly reclaim, we could see a mid-term expansion toward $20 → $30 → $40+
Patience here is key..
NFA

AVAX
9.11
-1.40%