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Market Analysis – December 18
AVAXUSD remains structurally bearish amid weak momentum conditions across. AVAXUSD continues to trade within a well-defined bearish framework, with price holding persistently below declining short- and medium-term moving averages. The 9-day and 21-day MAs remain negatively aligned, reinforcing the downside directional bias, while momentum indicators show limited recovery capacity. MACD readings stay compressed below the signal line and near the zero axis, suggesting that bearish pressure remains dominant despite intermittent pauses.
AVAXUSD Key Levels
Resistance Levels: $17.30, $22.80 Support Levels: $12.50, $8.60
AVAXUSD Long-Term Trend: Bearish
The market has transitioned from a former accumulation range into a sustained sequence of lower highs and lower lows. Previous support around $17.80 and $15.60 has been decisively violated and now functions as overhead supply, while recent attempts to stabilize near the $12.80–$13.40 region have failed to attract follow-through buying. The current consolidation near $11.70 reflects weak demand, with candles showing shallow rebounds and continued rejection beneath the descending trend structure.
Looking ahead, AVAXUSD is technically positioned for further downside continuation unless a material reclaim above $14.00 occurs. A clean breakdown below the $11.50–$11.00 region would likely expose the psychological $10.00 handle, followed by deeper support near $8.00. In an extended bearish scenario, price may gravitate toward the longer-term demand zone around $6.00, where broader stabilization attempts could eventually emerge.
AVAXUSD Short-Term Trend: Bearish
AVAXUSD remains bearish on the four hour chart, as price continues to trade below the declining moving averages. The recent breakdown below the key $12.50 support confirms weakness and exposes lower demand zones. Price action shows lower highs and lower lows within a descending structure, reinforcing seller control. Momentum indicators such as MACD remain negative, suggesting downside pressure may persist in the near term, with traders monitoring crypto signals for any early shift in momentum.
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