AVAX Breaks Out: 3.8% Surge Signals Bullish Momentum as Resistance Cracks
AVAX bulls just got their confirmation bias served on a silver platter—the token ripped through key resistance levels with a 3.8% gain on heavy volume. Traders are now eyeing whether this is the start of a macro trend or just another fakeout to lure in overleveraged degens.
Volume doesn’t lie (usually). The spike in trading activity suggests real buying pressure, not just your typical CEX wash-trading shenanigans. But let’s see if the ’institutional adoption’ crowd shows up this time—or if we’re just watching retail FOMO into another bull trap.
One cynical take? Wall Street still can’t tell AVAX from an avocado, but they’ll front-run the narrative anyway when the ETF filings drop.