Coming up to resistance of the prior longer term uptrend line may not be significant, but typically returning to a trend line after breaking it is highly likely for continuation in the direction of the break - in this case bearish on AVAX. That being said the markets are full on bull mode and the other way of seeing this chart is that AVAX just put in a ABC correction with the C dip being muted held about equal to the A dip... I'm looking at this pretty bearish actually. It could be that ETH returns to strength makes people sell the AVAX idea...