$AVAX The short-term general trend (15 minutes) is still bearish because the price is below the MA200, VWAP, and SuperTrend.
However, the intraday indicators (RSI and Stoch RSI) are signaling that the price may slightly correct upwards or test the nearby resistance at 25.45 – 25.56.
📈 When does the bullish signal get confirmed?
If the price breaks the resistance at 25.45 – 25.56 and closes above it while maintaining strong momentum in Stoch RSI and RSI, then a short-term upward trend may begin.
On the other hand, if it fails at this area, there will be a possibility of a downward rebound again.
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✏️ Summary:
🔹 Currently, there is an attempt at a short upward rebound, but the overall short-term trend is still bearish unless it strongly breaks the resistance.
🔹 It is important to monitor the areas of 25.45 – 25.56.
🔹 If the price fails to surpass them, it may return to decline towards the areas of 24.90 – 25.00.