Avalanche ripped through key resistance around $20.50, tapping into fresh highs before pulling back. Price is now hovering just above the breakout zone, which has now flipped into potential support. This is the classic retest scenario — either bulls hold the line and reload for a move toward $25–$27, or we fall back into the range.
Stoch RSI is mid-range, giving room for either direction. But the structure is clean: breakout → retest → decision. If $20 holds, it’s game on. If it fails, look toward $18.00 again.
The chart’s telling a story — now we see how it ends.
Stoch RSI is mid-range, giving room for either direction. But the structure is clean: breakout → retest → decision. If $20 holds, it’s game on. If it fails, look toward $18.00 again.
The chart’s telling a story — now we see how it ends.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.