Lingrid | AVAXUSDT potential RANGE Breakout

AVAXUSDT market has formed a double bottom on the daily timeframe and has been moving sideways below the psychological level of 40.00. Recently, the price rebounded from the channel border, suggesting a potential upward movement since the market has undergone a 38% correction from its previous high. I anticipate a breakout from the current consolidation zone, with the price possibly moving toward the channel border. My goal is the resistance zone around 45.50

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