AVAXUSDT on the 3h chart has confirmed a breakout from a falling wedge and is retesting $17.26. Price is now forming a higher low, with targets set at $20.50 and $23. This breakout structure supports continuation as momentum shifts back to buyers.Trade active
AVAXUSDT has broken out from a falling wedge structure near the 16.97 support, signaling a shift in momentum. This pattern has often preceded bullish moves in the past. Price action is now targeting the 19–20 region, supported by a staircase-like structure and upward momentum. A successful retest of the breakout zone would strengthen the case for a rally.
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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.