AVAX just pushed into a major supply zone, testing structure that’s capped price since early 2024. After months of chop and accumulation, bulls have finally reclaimed key support — but the real test is happening now.
Here’s the setup:
– Retesting structure after first rejection
– Sitting below a clear macro downtrend line
– Above an accumulation zone that held for months
– Next key target sits near $40–44, with confluence from prior highs and trendline resistance
This is the kind of move that either builds serious momentum — or turns into another trap. Wait for confirmation. Volume and reaction here will say everything.
#AVAX #Altcoins #CryptoBreakout #SupplyZone #TrendlineResistance #TechnicalAnalysis #QuantTradingPro #PriceAction
Here’s the setup:
– Retesting structure after first rejection
– Sitting below a clear macro downtrend line
– Above an accumulation zone that held for months
– Next key target sits near $40–44, with confluence from prior highs and trendline resistance
This is the kind of move that either builds serious momentum — or turns into another trap. Wait for confirmation. Volume and reaction here will say everything.
#AVAX #Altcoins #CryptoBreakout #SupplyZone #TrendlineResistance #TechnicalAnalysis #QuantTradingPro #PriceAction
Explore 5,000 Strategies at quanttradingpro.com
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Search by indicators like Supertrend, Ichimoku, macd.
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We provide education & tools.
Search for the most profitable, lowest risk by symbol!
Search by indicators like Supertrend, Ichimoku, macd.
Join our discord discord.gg/2systG9frc
We provide education & tools.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Explore 5,000 Strategies at quanttradingpro.com
Search for the most profitable, lowest risk by symbol!
Search by indicators like Supertrend, Ichimoku, macd.
Join our discord discord.gg/2systG9frc
We provide education & tools.
Search for the most profitable, lowest risk by symbol!
Search by indicators like Supertrend, Ichimoku, macd.
Join our discord discord.gg/2systG9frc
We provide education & tools.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
