2025-12-26 07:25:38

Avalanche (AVAX) is currently forming an interesting chart pattern that's worth monitoring closely. The price action suggests a falling wedge structure taking shape, which typically signals potential bullish breakout momentum.

Once this wedge breaks above resistance, the technical setup could deliver substantial upside. Based on the current pattern and price levels, traders are eyeing gains potentially exceeding 80% in the near-to-medium term.

This type of pattern breakout has historically been reliable, though as with all technical analysis, proper risk management and confirmation signals matter. The setup on both AVAX/USDT and AVAX/BTC pairs shows similar bullish formations, adding confluence to the analysis.

AVAX2,13%

BTC1,54%

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PhantomMiner

· 6h ago

Breakdown of the wedge? 80% profit? Sounds like another story haha Wait, is the AVAX/BTC pair also showing this pattern? That's interesting No matter how good the technicals look, you need confirmation of the breakout, otherwise it's all just castles in the air The technicals look great, but I just want to know if this time will be another false alarm The miners should start buying the dip, I believe it anyway

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Blockchainiac