Avalanche(AVAX) recently formed a notable double bottom structure worth monitoring. After the support at 12.10 was validated once again, the recent upward wave directly broke through the key resistance level of 14.50 — this typically signals a stronger rally is about to unfold.

From a technical perspective, this breakthrough is not without substance. The price has held above the resistance level, and trading volume has also provided confirmation, both of which are positive signals. Historically, whenever AVAX completes such a pattern breakout, subsequent moves often deliver considerable gains.

Of course, market dynamics are always subject to change. It's important to note that if price retreats below 14.50 again, then the sustainability of this rebound would come into question. However, as long as the current level holds, the next target could be quite substantial.

For traders considering participation, the current position has already missed the earliest entry opportunities, but if bullish on the subsequent trend, moderate participation still presents opportunities. Risk management should always be the top priority.