AVAX has officially flipped its market structure after breaking through dynamic SR resistance that had capped price since February. A strong move from a swing failure pattern at the lows has led to a decisive reclaim of the value area high and point of control.
Key Points:
Price has confirmed a breakout above dynamic SR resistance, now acting as support.
A higher high has been established — a higher low above this region would validate a full bullish market structure shift.
If AVAX can hold this support and print a clear higher low, it opens the door for a continuation move toward the $28.70 swing high. However, failure to hold could lead to a retest of lower levels. As it stands, structure and momentum favor bulls.
AVAX breaks key resistance with strong momentum, signaling a potential bullish reversal. A confirmed higher low could open the path to a rally toward $28.70.
Key Points:
Price has confirmed a breakout above dynamic SR resistance, now acting as support.
A higher high has been established — a higher low above this region would validate a full bullish market structure shift.
If AVAX can hold this support and print a clear higher low, it opens the door for a continuation move toward the $28.70 swing high. However, failure to hold could lead to a retest of lower levels. As it stands, structure and momentum favor bulls.
AVAX breaks key resistance with strong momentum, signaling a potential bullish reversal. A confirmed higher low could open the path to a rally toward $28.70.
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Free Alpha Group t.me/freetradingden
Unlock up-to $8,000 USDT in bonuses, only at Blofin - Link Below to start Trading.
partner.blofin.com/d/alchemisttrader
Unlock up-to $8,000 USDT in bonuses, only at Blofin - Link Below to start Trading.
partner.blofin.com/d/alchemisttrader
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.