Avalanche(AVAX) has recently formed a double bottom pattern worth noting. After the support at 12.10 was reaffirmed, a recent upward wave directly broke through the key resistance level of 14.50—this usually indicates that a stronger rally is imminent.

From the chart, this breakout is not a false alarm. The price has stabilized above the resistance level, and trading volume has also increased, which are positive signals. Historically, whenever AVAX completes such a breakout pattern, it often leads to significant gains afterward.

Of course, the market always contains uncertainties. It is important to watch that if the price falls back below 14.50, the sustainability of this rebound could be questioned. But as long as it holds above the current level, the next target could be quite substantial.

For traders interested in participating, the early entry opportunities have already been missed, but if you are optimistic about the future trend, moderate participation still offers chances. Risk management should always come first.