Technical analysis by amir9 about Symbol AVAX on 9/4/2025

AVAX is currently trading within a symmetrical triangle pattern, reflecting market indecision as lower highs and higher lows continue to form. This consolidation indicates that the market is preparing for a strong directional move. Recently, price faced rejection near the upper boundary of the triangle, showing signs of seller pressure, while the rising trendline below is still acting as support. This setup suggests that the next breakout will likely define the trend. ✅ In a bullish scenario, a breakout above resistance would confirm buyer strength and could trigger a continuation of the upward move. ❌ On the bearish side, if price breaks below the ascending support, sellers may take control and drive the market back toward the bottom of the triangle, opening room for further downside. Overall, AVAX is in a critical decision zone, and traders should be prepared for both scenarios—long entries on a confirmed breakout to the upside, or short opportunities if the lower trendline fails.