Technical analysis by vs_sayin about Symbol AVAX: Buy recommendation (7/22/2025)

AVAX is currently attempting to form a double bottom pattern, which could signal a strong bullish reversal if confirmed. Earlier this week, AVAX made an effort to break down the key support/resistance zone, but it lacked the necessary volume to succeed. If AVAX manages to reclaim the resistance area around $27 or higher, and confirms the breakout with a daily candle retest, the minimum target sits at $32. However, if AVAX fails to break through resistance, there’s potentially an even better buying opportunity in the lower timeframes—a demand zone between $20 and $20.6. I believe altcoins will offer another chance to catch up while prices are still far below their future valuations. -S Wishes you the best in luck.