Technical analysis by Quant_Trading_Pro about Symbol AVAX: Buy recommendation (8/9/2025)

AVAX has broken above short-term resistance around $24, with buyers showing strength off the trendline support. The setup points toward the July highs near $27 as the next major target if momentum holds. A sustained close above $24 could confirm bullish continuation, while a failure to hold would shift focus back toward the $21 demand zone. The risk-to-reward remains attractive for trend-following setups.