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.
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