AVAX breakout is approaching as Avalanche (AVAX) compresses inside a months-long ascending triangle; daily momentum indicators favor bulls, but persistent seller activity and nearby liquidation clusters mean a decisive breakout requires aligned momentum and liquidity to push price above resistance.
AVAX price is testing the apex of an ascending triangle — a breakout could follow if momentum and liquidity align.
Daily technicals show rising bullish momentum, while on-chain spot and futures flows reveal ongoing seller dominance.
Liquidity maps (CoinGlass, CryptoQuant) highlight clusters above market that could trigger a rapid move if reached.
AVAX breakout: Avalanche (AVAX) nears triangle apex; watch momentum and liquidity clusters for a decisive move — read actionable levels and next steps.
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AVAX breakout potential is driven by price compressing inside a months-long ascending triangle, a daily stochastic RSI turning up, and a sharp recent bounce that pushed AVAX higher by over 12% in 24 hours. These factors increase the likelihood of a decisive move if sellers fade and liquidity is triggered.
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Source: https://en.coinotag.com/avax-could-be-poised-for-breakout-as-ascending-triangle-squeeze-and-momentum-build-liquidity-risks-remain/