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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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
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Trade with perks & support the community!
partner.blofin.com/d/alchemisttrader 🎁
Stay sharp, trade smart.
— Team The Alchemist ⚔️
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Unlock Blofin Bonuses
Trade with perks & support the community!
partner.blofin.com/d/alchemisttrader 🎁
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.