Technical analysis by CryptoChartDaily about Symbol AVAX: Buy recommendation (5/26/2025)

CryptoChartDaily

🧠 Market Structure:✅ Uptrend recovery in progress from March 2025 lows.🟢 Break of Structure (BOS) confirmed in mid-April and early May, showing strength and higher highs.🔄 Change of Character (CHoCH) detected multiple times — a sign of previous uncertainty now leaning bullish.❌ Still below key supply zone (~$26–$30), facing resistance.🔍 Zones to Watch:Resistance Zone $26.00 – $30.00Strong supply; price rejection possibleLocal Support $20.50 – $21.00 Minor demand block formed after recent BOSMajor Support $14.66 (Weak Low)Important level to hold in case of a breakdown📈 Momentum & Indicators:Stochastic RSI: Near overbought, turning down. Potential short-term consolidation or retracement.MACD (not visible but inferred): Likely still bullish from April breakout.Volume: Tapering off slightly after recent push—needs stronger conviction to break above $25–26.🧭 Trade Insights:Bullish Case:Holding above $21–22 is key for maintaining bullish market structure.Close above $25.50–26.00 could initiate rally toward $30+, possibly testing prior highs.Bearish Case:Failure to hold $21.00 = potential return to deeper support around $18 or even $14.66 (major demand).Watch for bearish divergence or breakdown signals near supply zone.🟡 Current Sentiment:AVAX is in a consolidation phase after a bullish breakout in April–May. Momentum is slightly fading short-term, but structure remains bullish unless $21 is lost. A clean breakout above $26 will likely attract buyers again.----Other Low Market Cap #RWA #RealEstate #Tokenization Platforms by FDVSQRB $100K on PROBIT$RNB $310K$HTS $1.9M$STBU $3.5MLAND $3.6M-----Not for recommendations to BUY SELL any stocks, cryptos, FX or securitiesNot for Financial AdviseDYOR