Avalanche(AVAX) has recently formed a notable double bottom structure worth paying attention to. After the support level at 12.10 was validated again, the recent upward wave directly broke through the key resistance at 14.50——which typically signals a stronger rally is coming.

From a technical perspective, this breakthrough is not a false move. The price has held above the resistance level, and trading volume has also provided support, which are all positive signals. Historically, whenever AVAX completes such a pattern breakout, subsequent rallies often deliver significant gains.

Of course, market variables always exist. What needs to be watched is that if the price retraces back below 14.50, the sustainability of this rebound would be questionable. However, as long as the current position holds, the next target could be quite substantial.

For traders interested in participating, the earliest entry opportunity has already been missed at this point, but if you're bullish on the subsequent trend, moderate participation still offers opportunities. Risk management should always be the top priority.