AVAX – Retest in Progress Before the Next Push Up

After breaking the key resistance zone at $26.60, AVAX surged strongly, reaching a high of $36.60 in one decisive leg up.
Now, the price is pulling back to confirm the breakout, approaching the previous resistance, which could now act as support.

This area represents a confluence zone, aligning with the rising trendline from June, and may serve as a strong accumulation level for bulls preparing for the next upward leg.

From a risk/reward perspective, this setup is also attractive, offering an estimated 1:4 ratio — a solid structure for a technical long entry.

I’m looking to buy around this zone, with expectations for a continuation toward new highs once confirmation appears. 🚀