Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

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AVAX:

Market context

AVAX has been trading within a clearly defined range, with $21.750 as the support and $31.130 as the resistance. Recently, it broke out of this range and retested the $31.130 level as support, affirming the accuracy of our key levels.

This breakout and retest position AVAX back into a relatively bullish structure within the context of this cycle. The inverted head and shoulders pattern we highlighted aligns well with the broader market structure seen in Total Market Cap 3, signalling the potential for further upside.

Altcoins, including AVAX, are still waiting for retail participation to return in full force. Currently, the market shows a preference for meme coins and high-risk plays, but we anticipate assets like AVAX will attract attention as market participants seek balanced portfolios with a mix of safer altcoin exposure.

Playbook

Key levels

• Support: $31.130 (recently retested and validated).
• Resistance: Near-term: $41, Mid-term: $50, Next swing high: $65.

Buy box

For those looking to take advantage of this analysis, a buy zone at $31.130 offers a strong risk-reward setup based on current price action and market structure. Upside targets:

• $41 (near-term resistance).
• $50 (mid-term level).
• $65 (Longer term ).

Cryptonary's take

AVAX is not part of our picks, nor is it an asset we currently hold, but it remains a strong performer with a dedicated community and solid technical structure. Breaking above $31 has shifted the narrative to a more bullish outlook, with potential upside targets outlined. At almost 375% away from its all-time high, it's still early in its recovery phase, but continued strength could position AVAX as a balanced portfolio choice for market participants transitioning from riskier plays like meme coins.

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TON:

Market context

Following our last analysis, TON has maintained its structure within a bearish channel, trending with lower highs and lower lows off the top around $8. However, we've seen significant developments, including a key bottom forming at $4.75, which we can now consider as the probable cycle low.

TON has broken out of its short-term range top at $5.38, a level that held as resistance throughout October, validating its importance as a key level. Price action is now consolidating around this level, showing signs of buyers stepping in, as indicated by a potential hammer candlestick formation.

TON's price behaviour has been characterized by dense, condensed ranges, reflective of its tendency to consolidate tightly after significant expansions. The asset's relationship with Telegram, combined with its relatability for retail audiences and influencers, suggests it will likely gain significant traction as retail flows return to the market.

Playbook

Key levels:

• Support: $4.75 (cycle low).
• Short-term: $5.80 (current range top).
• Mid-term: $6.72 and $7.
• Longer-term: All-time highs beyond $8.

TON's range behaviour is particularly relevant due to its condensed price action. The current range spans from $5.34 (bottom) to $5.80 (top). Breaking out of this range could signal the start of a move toward $6.72 and potentially $7.

• Immediate: $6 (key psychological and structural level).
• Next levels: $6.72 and $7, with the potential to target all-time highs if momentum sustains.

Cryptonary's take

TON continues to prove itself as a solid asset with significant potential. Breaking out of the $5.80 range top would position TON for further upside, with $6.72 and $7 as key targets. Its connection with Telegram makes it relatable and easy to market to retail investors, particularly as the next cycle gathers momentum.

TON's established user base and promising protocol further solidify its long-term potential. While not part of our current picks, TON is shaping up to be a strong performer in this cycle, with a great mix of technical and fundamental appeal.

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