🔹 $AVAX Technical Signal Breakdown – Futures & Spot Trading | Jul 29, 2025
AVAX is trading at approximately $24.94 USDT on Binance spot, down ~7.90% in the past 24 hours. Price ranged between $24.43 and $27.29 during the session.
🕯️ Candlestick Data (24 h):
• High: $27.29
• Low: $24.43
• Structure: Intraday rally toward $27.30 met strong rejection, followed by a steep decline. Price consolidated with lower highs and upper‑wick candles indicating prevailing bearish structure.
📊 Indicators:
• RSI (14): ~35 — bearish momentum remains intact
• MACD: Bearish crossover active; histogram contracting — downward bias strengthening
• ADX (14): ~34 — moderate trend strength supporting the bearish move
• Williams %R: ~‑75 — nearing fully oversold conditions
• Moving Averages: Price trading below short‑term 5/10/20 EMAs — confirming a bearish trend alignment
📉 Volume: Elevated during down candles, much weaker on any rebound attempts — suggesting low buying conviction
✅ Bias: Short (Sell Signal) in Futures Trading; no Spot Buy signal until reversal or breakout structure forms (for educational analysis only)
Futures Short Entry: $24.94–$27.29 → Max Target: $24.43
Spot Recovery Zone: $24.43–$24.94 → Max Target: $27.29
If futures break below $24.43 with strong volume, downside toward $23.50 becomes plausible. Spot traders should await volume-confirmed breakout above $27.29 before considering long entry. Current structure and momentum favor short setups in futures.
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Disclaimer: This analysis is educational and does not constitute financial advice. Always conduct your own research and manage risk responsibly.