AVAX / TetherUS

AVAX - Bear Flag/ABCD Pattern

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Following the formation of a double top on 23 Sep 2025, AVAX has entered a downward trend, currently exhibiting characteristics of a bear flag consolidation. Within this structure, an ABCD harmonic pattern appears to be developing, suggesting potential continuation of bearish momentum.

Should both the bear flag and ABCD pattern play out, the projected price target lies in the range of $23.50–$23.60. This zone aligns with the 61.8% Fibonacci retracement level, derived from the swing low on 22 Jun 2025 to the swing high on 23 Sep 2025.

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