AVAXUSDT Double Bottom Confirmation.

AVAX has formed a textbook double bottom pattern on the daily chart, signaling a potential reversal after months of downtrend. The neckline around the $27 zone has been broken decisively, confirming the bullish breakout.

Key Points:

- Double Bottom Structure: A strong bullish reversal pattern with a clean neckline breakout.

- Breakout Level: $27, which was acting as resistance for the past several weeks.

- Volume Surge: Noticeable increase in volume during the breakout, adding strength to the move.

- Target: $48–$50 region. ( Channel resistance)

-Stop-Loss Idea: Below $22.0

AVAX appears ready to trend higher as momentum builds. If bulls hold above the breakout zone, the rally may accelerate in the coming weeks.

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Hexa