$AVAX is currently compressing within an ascending wedge pattern on the 1-hour chart. Price continues to form higher lows along the rising support line, but faces resistance from the descending resistance trendline — this signals narrowing volatility. 📊 Key Levels: • Resistance: 9.65 – 9.75 • Support: 9.45 – 9.50 A breakout above resistance could open the door to 9.90 – 10.00. A breakdown below support could trigger a pullback toward 9.20.
$AVAX is currently compressing within an ascending wedge pattern on the 1-hour chart. Price continues to form higher lows along the rising support line, but faces resistance from the descending resistance trendline — this signals narrowing volatility. 📊 Key Levels: • Resistance: 9.65 – 9.75 • Support: 9.45 – 9.50 A breakout above resistance could open the door to 9.90 – 10.00. A breakdown below support could trigger a pullback toward 9.20.