Technical analysis by suleymankumyol about Symbol AVAX on 11/6/2025

AVAXUSDT Chart Commentary I am sharing the graphic in its raw form. Avax is a major altcoin that I like and have in my cart. Being in the top 20 reduces its vulnerability to price fluctuations. It is possible to compare Avax's price movements to the slow and long movements of a ship. If we look at the chart, daily SMA20 is passing around $19. We cannot say that the decline is over unless we see consecutive day closings above this level. The sequential targets above are marked on the chart. If the decline continues, bottoms may form in the $8 to $9 band. I don't think it will stay below this pricing. It may bounce up in the $12-13 range. The alt band of the channel line I marked on the chart is here. I believe in Avax's potential. The emergence of ETFs will also be on the agenda. As a solid, down-to-earth altcoin, it can help us make a profit in a possible bull run. Crypto is an extremely risky market. It is best to stay away from futures. Opening a leveraged transaction is extremely risky even for Avax. It is not investment advice.