**๐จ AVAX/USDT 1-HOUR TIMEFRAME UPDATE! ๐จ**
#Avalanche (AVAX) is showing potential for a reversal after a prolonged downtrend, making it an interesting watch for traders. ๐๏ธ๐น
The #AVAX/USDT pair on Binance is forming a double bottom pattern on the 1-hour chart, indicating a potential bullish reversal! ๐๐
๐น **Current Price:** $25.15
๐น **Support Level:** Near $24.00
๐น **Resistance Breakout Target:** $28.00
Following a consistent bearish trend, we are approaching a critical point. If AVAX can break out above the neckline of the double bottom pattern, a substantial upward movement could be expected. Look for a breakout confirmation above the resistance line to enter a position!
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