Market Overview for Avalanche/Tether (AVAXUSDT)

sábado, 10 de enero de 2026, 12:30 pm ET1 min de lectura
AVAX--

Summary
AVAXUSDTAVAX-- declined from $14.19 to $13.87 over 24 hours, forming a bearish engulfing pattern.
• RSI dipped to 30, suggesting oversold conditions, while volume spiked near the lows.
• Price found temporary support at $13.70 and tested resistance at $13.87.

Market Overview


The reveals a 24-hour session opening at $14.12, peaking at $14.19, and bottoming at $13.65 before closing at $13.87 as of 12:00 ET. Total volume amounted to 367,840.65, with a notional turnover of approximately $5.03 million.

Structure & Formations


Price action showed a bearish engulfing pattern at the session’s start, followed by a long bearish shadow during the early hours, indicating strong selling pressure. A bullish reversal pattern emerged near $13.65 as buying interest returned, but it failed to close above key resistance at $13.87.

Moving Averages


On the 5-minute chart, the 20-period and 50-period SMAs were in bearish alignment for most of the session, reinforcing the downward drift. Daily MA levels were not provided in this data set, but intraday momentum favored the short-term downside.

MACD & RSI


The MACD turned negative during the decline and remained in the bearish territory for the session. RSI reached a low of 30, signaling potential oversold conditions, though without a strong reversal confirmation, caution is warranted.

Bollinger Bands


AVAXUSDT traded near the lower Bollinger Band for much of the session, indicating low volatility. A contraction in the bands occurred during the overnight hours, suggesting a potential breakout or continuation move in the near term.

Volume & Turnover


Volume surged during the bearish leg between $14.19 and $13.65, confirming the move. Turnover spiked in alignment with the largest price drops, reinforcing the validity of the sell-off. However, volume during the rebound to $13.87 was weaker, hinting at potential consolidation.

Fibonacci Retracements


Fibonacci levels showed price finding a temporary floor at the 61.8% retracement level of the initial leg down from $14.19 to $13.65. A retest of the $13.87 resistance level could trigger a short-term pullback or consolidation.

Looking ahead, a break above $13.87 could signal short-term relief, but a sustained close below $13.70 may confirm deeper bearish momentum. Investors should remain cautious of increased volatility if key levels are tested.

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