$AVAX

Technical Analysis for AVAX (June 4, 2025):

• The coin is currently in a downtrend but has formed a solid minor bullish pattern. The price continues to respect the support zone at 20.26–19.83 and is moving above it, as well as staying above the 0.5 Fibonacci level.

• A test of the 0.382 Fibonacci level at 22.05 is expected as an initial target. If this level is broken and held, the price may attempt to test the 23.52–24.00 area.

If resistance is broken and the price holds above it:

• Resistance: 23.52–24.00

• Target 1: 23.52 (+13%)

• Target 2: 24.00 (+15%)

If support is broken:

• Support: 19.31 (−7%)