đ $AVAX on the Verge of a Bullish Breakout
Avalanche (AVAX) recently pulled back into the $24 zone after a sharp 30% rebound over the past month. The token is consolidating just above critical support near $23â$24, with technical patternsâlike its descendingâchannel breakoutâhinting at a strong rally ahead. Network activity remains robust, with record transaction volumes and over $5âŻbillion in DeFi TVL supporting the narrative.
If AVAX decisively breaks above $25â$26, the next targets could land between $30â$35, offering potentially 25â50% upside. Risk is real, but so is the opportunityâworth watching very closely. đ
#AVAX #Avalanche #Crypto #DeFi #Breakout #AVAXâïž

AVAX
9.13
-1.61%