Yigit Taha OZTURK 
AVAX has finally broken out of its long-standing downtrend on the daily chart. However, it has yet to deliver the strong upward move that traders were expecting following this breakout.
Key Support at $15.5
After bouncing from the $15.5 support level — a historically significant area — the price climbed into the downward Fair Value Gap (FVG) zone. This area has previously acted as strong resistance, and once again, AVAX faced rejection here.
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The price failed to break the FVG zone, showing weakness at this critical resistance. If this rejection continues, AVAX could revisit the $15.5 support level. Holding above that line is essential to prevent further downside.
Bullish Breakout Scenario: Targeting $25–$27 Range
If AVAX manages to break through the resistance zone with strong volume, it could quickly move towards the $25–$27 range. This zone represents a key technical and psychological barrier and would likely attract attention from traders.
AVAX has broken its downtrend, which is a strong technical signal, but price action has not yet confirmed sustained bullishness. If $15.5 holds and volume increases, we could see a bullish breakout toward $25–$27. However, if support fails, further correction may follow.
Traders should remain cautious, follow key support/resistance levels closely, and prepare risk-management strategies accordingly.
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