Bearish signals... I only see upward trends in the daily.

🔍 AVAX Analysis – RSI Dips Below 35, Bearish Pressure Mounts 🔍

📉 Avalanche (AVAX), a trending altcoin, is under pressure as sellers dominate the 4H chart. With a 5.17% drop in the last 24 hours, traders are watching key support levels closely.

📈 Technical Analysis
- Short-term trend: Bearish
- Support: $23.36
- Resistance: $25.33
- Pattern: No clear reversal yet; consistent lower highs
- Volume: Declining, signaling weak buyer interest
- RSI: 34.25 – near oversold territory
- Outlook: Bearish

📰 Market Data & News
- Current Price: $23.65
- 24h Change: -5.17%
- No major headlines, but price action reflects broader market weakness

🔄 Scenario Breakdown
- Bullish Case: A bounce from $23.36 with rising volume and RSI recovery could push AVAX toward $25.50
- Bearish Case: Breakdown below $23.36 confirms continuation toward $22.00 zone

📊 Sentiment Meter
📉 Bearish Bias – Sellers in control, weak volume

⚠️ Risk Level
🟡 Medium – Bearish signals dominate, but RSI suggests possible bounce

Will AVAX reclaim $25.33 or dive deeper into bearish territory? Share your view below 👇

📍 Plan locked. Chart ready. Execute the trade with confidence. This isn’t hype—it’s calculated. 🙏 Like, Follow & Share to spread disciplined trading.

📢 Not financial advice. Always DYOR and manage your risk.

AVAX #TheCryptoMalik
$AVAX