Avalanche is poised for a solid rally following a textbook breakout and retest of the bullish falling wedge pattern. The technical setup looks compelling here.
Based on the current price action and support levels holding firm, we could see AVAX testing the $36 mark in the coming days. The momentum indicators are aligning nicely with this move, and the volume profile suggests enough conviction behind this push.
Keep an eye on $36 as the near-term target. If support holds at these levels, the upside potential becomes more attractive for traders looking at this timeframe.
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AltcoinHunter
· 19h ago
Another wedge breakout. Can this time avoid cutting my leeks? The project I was optimistic about last time is now hopeless to break even...
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ETHReserveBank
· 12-27 17:32
Can 36 break through? Feels a bit uncertain this time.
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MetaverseHomeless
· 12-26 14:50
36 bucks is going to dump again, same old trick
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GateUser-e19e9c10
· 12-26 14:47
36? Sounds good, but I'm just worried it might be just paper wealth again haha
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AirdropHarvester
· 12-26 14:41
$36 this thing... The charts I saw before are a bit different, feels like another round of getting chopped for the newbies.
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ContractExplorer
· 12-26 14:34
Is the 36-dollar one really coming? I bet it can break...
AVAX Technical Setup Alert
Avalanche is poised for a solid rally following a textbook breakout and retest of the bullish falling wedge pattern. The technical setup looks compelling here.
Based on the current price action and support levels holding firm, we could see AVAX testing the $36 mark in the coming days. The momentum indicators are aligning nicely with this move, and the volume profile suggests enough conviction behind this push.
Keep an eye on $36 as the near-term target. If support holds at these levels, the upside potential becomes more attractive for traders looking at this timeframe.