Technical analysis by tomas_jntx about Symbol AVAX: Sell recommendation (8/7/2025)

Avalanche made an attempt above the 200 SMA near $22.10, but failed to punch through the key $22.35–$22.40 resistance. Price is now coiling beneath resistance, with RSI drifting just above 50, suggesting indecision. Until bulls crack that level and hold above, it’s a stall zone with fakeouts likely. 🔴 SHORT bias below $22.35 — this area is acting as a supply ceiling. 🟢 Flip $22.40+, and buyers may accelerate toward $22.80. 📊 Keywords: #AVAXUSD #RangeTest #RSINeutral #SMAClash #BreakoutTrap #BearFade #LiquidityZone