Technical analysis by Quant_Trading_Pro about Symbol AVAX on 8/7/2025

AVAX continues to be suppressed by a long-standing macro downtrend line that has rejected every major rally since December. The current structure shows three critical interactions with the same horizontal zone: the original breakout, a failed reclaim, and the most recent rejection near $28. Unless AVAX can flip the trendline with volume, the trend remains technically bearish. That said, price is still holding higher lows and has avoided a full breakdown toward major support at $14–16. This is a textbook compression between higher timeframe resistance and major support — expect volatility ahead. Key areas: – $28–30 = major horizontal + trendline confluence – ~$14 = last clean demand zone – Flip = breakout potential to ~$33+ – Fail = sweep of support possible Wait for the reaction — this is where bias is defined.