We have seen a textbook bump and run reversal on the AVAX RSI and it has not stopped going up since. This is paired with bullish divergences on 3 different time scales. The daily, the 3 day, and the weekly. Expect some blow off top like action in the coming days and notice the accumulation zone set out on the RSI.
Every project in the AVAX ecosystem is also up on news of a liquidity partnership with AAVE and some further integration with Chainlink.
We can't go straight up forever, but the upside targets of 200 and 400 are achievable for this bull run.