AVAXUSD Market Sustains Downside Bias Amid Ongoing Structural Weakness

Market Analysis – January 29

AVAXUSD market sustains downside bias amid ongoing structural weakness. AVAXUSD remains positioned within a clearly negative trend, with overall market conditions continuing to favor sellers. Price action is capped below declining short- and mid-term moving averages, highlighting persistent supply dominance and limited signs of renewed demand. Momentum conditions remain unsupportive of a recovery, as the MACD holds below equilibrium levels and downside pressure continues to outweigh bullish attempts.

AVAXUSD Key Levels

Resistance Levels: $17.30, $22.80
Support Levels: $12.50, $8.60

AVAXUSD Long-Term Trend: Bearish

The market continues to print successive lower highs alongside shallow, corrective rebounds, reinforcing the broader bearish structure. The failure to reclaim the $12.50–$12.95 resistance band signals sustained overhead selling interest, while prior recovery attempts were firmly rejected near the $13.80 and $15.60 zones. Recent breaks and retests of minor support levels have resolved lower, confirming that consolidation phases are acting as continuation patterns rather than reversal signals.

Looking ahead, downside risks remain elevated while AVAXUSD trades below $12.50 on a daily closing basis. Continued weakness could draw price toward the $11.20 area initially, with scope for an extended decline toward the $8.60 support zone where historical buying interest previously emerged. In a more aggressive sell-off scenario, losses could stretch toward the $6.00 region, with only a sustained recovery above $13.80 sufficient to challenge the prevailing bearish outlook.

AVAXUSD Short-Term Trend: Bearish

AVAXUSD remains under bearish control on the four-hour chart, trading below the declining short-term moving average and failing to sustain upside momentum. Price action continues to respect lower highs, with rebounds capped beneath the $12.95–$13.50 resistance zone, reinforcing prevailing supply dominance. The rejection near $12.50 underscores weak demand, while momentum indicators reflect muted recovery attempts and limited bullish divergence. A sustained break below $11.80 would likely accelerate downside pressure toward $11.25 and potentially extend losses toward the $8.60 support region, a move closely monitored through prevailing crypto signals.

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