Is AVAX Ready for a Breakout? Analysis of Descending Triangle Signals Big Move Ahead

Avalanche (AVAX) currently faces a crucial juncture, with its price dropping significantly and testing the strength of a key support zone around $10-$14 since 2021. Despite this recent decline, AVAX has maintained strong demand within that zone, offering a potential springboard for future growth. Descending triangle patterns suggest the potential for a significant breakout toward resistance levels between $100-$140 if current resistance is broken.