$AVAX. ANALYSIS – BEARISH PRESSURE TESTING SUPPORT


Avalanche is trading around $24.89, facing consistent selling pressure after failing to hold above $25.60. Immediate support lies near $24.60–$24.40, and a breakdown could push price toward $24.00–$23.80. Bulls need to reclaim $25.40 to shift momentum back toward $26.00.


Trade Setup:


Entry: $24.60 – $24.90


Target 1: $25.40


Target 2: $25.60


Target 3: $26.00


Stop Loss: Below $23.80


Caution advised as AVAX remains in short-term bearish momentum.

#Avalanche #AVAX #CryptoTrading #Altcoins #TechnicalAnalysis

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August 18, 2025 at 12:34 AM
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