Avalanche Breaks Through Resistance: Could This Be The Start Of A Rally To $28.70?

Avalanche (AVAX) has surged past months of bearish pressure, signaling a potential bullish shift in the asset’s price structure. After spending considerable time under descending dynamic support/resistance levels since February, AVAX has broken through this zone with strength. This breakout followed a confirmed swing failure pattern at the lows and a quick reclaim of both the value area high and the point of control from previous ranges, further indicating strong buyer involvement.