Technical Analysis for $AVAX : AVAX is trading below all key EMAs and a negative MACD histogram, confirming bearish momentum. With 1hour resistance at 10.324 and orderbook imbalance modestly favoring bids, short pressure dominates. Together, these indicators favor SHORT continuation toward support. Negative momentum and trend readings give this setup a clear bearish structure. The nearby resistance and support levels frame the current market structure.
Market Context: BTC remains in a bearish 4hour trend and the broader market is broadly negative, with 85% of assets in red, adding downside
Technical Analysis for $ZRO : Indicators point to downside pressure. Price sits below all key EMAs (9, 21, 50, 200) and the MACD histogram remains negative, confirming bearish momentum. RSI at 37 and Stochastic at 17 indicate lingering weakness, while ADXs low 15.7 suggests a lack of strong trend, keeping the short bias. Overall the setup favors a short move toward the next support.
Market Context: BTC remains in a bearish 4hour trend and overall market breadth is broadly negative, with 78.5% of assets down, reinforcing the downside