Technical analysis by EA_2025 about Symbol AVAX on 4/3/2025

Hi friends, Let's get back into analysis after Eid al-Fitr vacations. Today, we pay attention to AVAX in the Daily time frame. As marked on the chart, we have a strong daily resistance trend line and a 4-Hour resistance trend line, which is marked by yellow color. As you can see that we had a great support level of $19.855, which has now turned into resistance. Also, you can see that for AVAX to retain its bullish momentum, it has to close daily candles above $29. Besides that, we have a strong daily and weekly accumulation area between $12 and $15. We have a local 4-Hour support level that is ideal for entering into short positions after having the momentum and confirmations.