July 8, 2026

AVAX-Good context to go up

AVAX-Good context to go up

AVAX-Good context to go up

AVAX-Good context to go up

AVAX / TetherUS BINANCE:AVAXUSDT
mignaly


AVAX-Good context to go up

Hello everyone

With the spike in the price from couple of days ago on AVAXUSDT , we may have a bounce from the previous bear trend line .this setup also created, a double bottom , a divergence in RSI and the ABC pattern.With all that said , the price is still in a bear channel and a breakout is needed.

The resistance levels are 60$, 65$ and the upper line of our bear channel , and for the support levels we have 55.50$,and 52.5$.

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