$AVAX
📅 1. Evolution of the last 5 days
• AVAX is currently trading at ≈ $17.43, with a daily range between $17.13–17.58.
• In the week, it declined ~–4 % from $18.15, forming a double top at $17.8–18.0, visible in high volumes.
🛠️ 2. Technical analysis
• Pattern: bearish double top at $17.8–18 followed by a support break at $17.45.
• Indicators (Investing.com):
• RSI ~55 → neutral-bullish, with room for continuation.
• MACD, CCI, and stochastic giving buy signals, ADX ~20 → trend in formation.
• Short MAs (5/10) point to “buy,” although MA20/50/100 at “buy” and MA200 at “sell” show structural resistance.
🌍 3. Fundamental analysis
• The price of AVAX has moderate volatility with a daily volume of ~USD 220 M  .
• Ecosystem in consolidation: institutional adoption and tokenization of real-world assets (e.g., contest in New Jersey, BlackRock) provide fundamental support.
• However, the drop in active addresses (according to CCN) warns of possible selling pressure.
🗞️ 4. Upcoming news
• No immediate protocol events, but in the short term, be alert for updates on institutional adoption.
• Potential on-chain reports showing stabilization or withdrawal of large holders.
• Caution regarding general market volatility (BTC, macro).
🎯 5. Entry recommendations
Scenario Entry SL Target
A) Double top reversal if it rebounds from $17.45–17.50 with a green candle $17.30 $17.80 → $18.20
B) Bearish continuation if it breaks below $17.30 with volume $17.50 $16.80 → $16.30
Management: risk ≤1 % per trade, R:R ≥1:2.
🔮 6. Prediction based on the pattern
• Base: consolidation at $17.3–17.8 while the double top is not invalidated.
• Bullish: bounce towards $18.2 if support holds.
• Bearish: break → drop to support at $16.8–16.3.
