Technical analysis by wagmitraders about Symbol AVAX on 7/30/2025

wagmitraders

When evaluating AVAX for long-term investments, the blue support zone highlighted on the chart stands out as the key area to monitor for potential spot entries. If AVAX closes daily candles below the $22.77 level, it is expected to continue its downward trend. The primary spot buy zone for AVAX is identified between the $21.20 – $20.25 support range. If the price retraces into the blue zone on the chart, we plan to initiate spot positions. Should AVAX show a reversal from this area, our next upside targets are $27.63 and $32, respectively. If AVAX fails to generate a strong reaction from the blue zone and continues to decline, we will then monitor the $18 support level. As long as AVAX holds above $18, our bullish outlook from this analysis remains valid. Not Financial Advice (NFA).#AVAX Daily Update AVAX fell to the support zone of $21.20 and $20.25, as we mentioned in our previous analysis. We made our first spot investment at the $21.20 level. Additionally, we moved our buy order at the second spot buy level of $20.25 to the $19.20 level. As a result, our next spot buy order is now at the $19.20 level. If AVAX performs a wick movement to the $19.20 level, we will include it in our spot portfolio through partial purchases. Our first upward expectation for AVAX is for it to reclaim the $22.77 support zone. NFA.