Technical analysis by Quant_Trading_Pro about Symbol AVAX on 8/18/2025

Avalanche continues to hold its ascending trendline while trading around 25.1. The previous local high sits above at 27.5, which remains the main upside target if momentum continues. Support levels: 23.38 (Fib 0.5), 22.76 (Fib 0.618), 21.88 (Fib 0.786) Resistance: 25.5–26.0, then 27.5 local high Stoch RSI: Trending down, hinting at cooling momentum in the short term As long as the trendline holds, structure remains bullish. A clean break above 25.5–26.0 would confirm continuation toward 27.5, while a breakdown below 23.3 risks deeper retracement into 22s.