$AVAX – Daily Timeframe Outlook

AVAX – Daily Timeframe Outlook

The chart is displaying a Triple Bottom reversal structure — a bullish formation that often signals trend exhaustion on the downside and the potential for a sustained uptrend if neckline resistance is breached.

🔹Triple Bottom Lows: $14.66 (Bottom 3), $15.20 (Bottom 2), $15.50 (Bottom 1) — strong accumulation zone

🔸Neckline Resistance: ~$25.80 – $26.00 — the key breakout trigger zone

🔹Immediate Support: $21.80 – $22.20 (former swing high support)

🔸Macro Resistance above Neckline: $28.50 – $30.00 zone


The three clean retests of the $14–15 region show strong buyer defense, signaling value accumulation

Current price action is in the mid-range between the neckline and recent support, with momentum recovering after the latest pullback

The pattern height (neckline to bottoms) suggests a sizeable upside potential if a breakout occurs

Volume expansion will be critical — breakouts without it risk turning into bull traps


⚡ Probable Scenarios

1. Bullish Continuation: Daily close above $26.00 with volume could confirm the Triple Bottom breakout, opening the door for a measured move toward the $36–38 zone

2. Range Continuation: Failure to clear $26.00 may keep AVAX in a sideways range between $22 and $26 until macro sentiment shifts

3. Bearish Breakdown: A close below $21.80 would weaken the setup, potentially dragging price toward the $19.00–$20.00 area for a deeper retest


Conclusion : The structure leans bullish, but the $26 neckline is the key battleground. A decisive reclaim above it could flip the long-term trend, while repeated rejections may keep #AVAX consolidating.