Technical analysis by Madoir about Symbol AVAX on 9/18/2025

AVAX USDT Daily: Price Nearing Key Resistance Zone AVAXUSDT has demonstrated a strong upward trend, breaking through a significant, long-term resistance level that has been in place since early in the year. This breakout is a bullish signal, and it's exciting to see the momentum it's carried. However, the price is now approaching a new, crucial resistance zone between $34.56 and $38.16. This area previously acted as strong support before a significant downtrend. Based on my analysis, I anticipate a potential rejection from this zone, which could lead to a correction toward the previous resistance-turned-support area around $23.06 to $25.78. The short-term outlook suggests a possible pullback from the current levels, but the overall market structure looks promising as long as the price holds above the recently broken resistance. I'll be watching for a clear reaction in this resistance zone to confirm the potential move. What do you think? Drop your thoughts and analysis in the comments below!As expected, we saw a price reaction to the specified box in this area. However, the daily timeframe is still bullish, and we haven't received confirmation on the 4-hour timeframe. But on the lower timeframes, I've opened a small, short-term position. for swing trade we need more confirmations.