Avalanche (AVAX/USDT) is currently testing a key support zone that has acted as a strong demand area multiple times in the past. The price is still trading inside a large symmetrical triangle, approaching the apex, where a decisive breakout could define the next macro move.
If Bitcoin and Ethereum manage to continue their upward trend — breaking above $124K and $5K respectively — AVAX could show a strong recovery from this level, targeting higher resistances around $35, $49, and $72.
Given how much AVAX has lagged behind major assets, this area could present an interesting accumulation opportunity for mid- to long-term holders.