Technical analysis by unichartz about Symbol AVAX: Buy recommendation (8/28/2025)

AVAX is showing strength on the weekly chart, approaching a key mid S/R zone that’s acted as a pivot in the past. If bulls can break and close above this level, it could trigger strong upside momentum. The price is currently squeezed between a rising support and a descending resistance, a typical breakout setup. I’m waiting for a confirmed weekly close above the zone before looking for longs. If that happens, a move toward $42+ is likely. DYOR, NFA