AVAX | Final Accumulation & Potential Reversal

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Context:

Price is in a major accumulation range, showing similarities to the October 2024 setup.

Green zones indicate strong demand/support; blue is key structural support.

Step-by-Step Scenario:
Accumulation Phase:
Price is consolidating above the $20 level, with repeated defenses of the support zone.

Spot Buys:
Orders set in the $19–$20 area to capture a potential “final shakeout.”

Spring/Reversal:
If price sweeps below $20 and quickly reclaims the level, this signals the final flush before reversal — mirroring the October 2024 bottom structure.

Upside Target:
First major resistance at $38, but the big objective is the $54–55 range, marking previous macro highs and supply.

Invalidation:
A sustained close below $14.1 would break the accumulation structure and invalidate the bullish scenario.

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