The AVAX/USDT chart displays a falling wedge pattern, which is typically bullish. The price is trading near $51.80, with the Bollinger Bands indicating a potential breakout towards $58.36. The Stochastic RSI is oversold at 13.61, indicating upside momentum. The RSI divergence indicator is at 50.62 supporting the bullish bias. The volume profile shows strong buying interest above $52.68, strengthening the breakout scenario. These indicators collectively suggest a bullish potential for $AVAX