Market Overview for Avalanche/Tether (AVAXUSDT) as of 2025-12-12

Summary
• AVAXUSDT rallied from $12.81 to $13.78 before consolidating and retreating toward $12.93.
• A key bullish 5-minute engulfing pattern formed at $13.02–$13.16, suggesting short-term resistance.
• Volume surged during the rally but declined after the peak, indicating potential exhaustion.
• Bollinger Bands expanded during the upswing and have since contracted, signaling reduced volatility.
• RSI reached overbought levels above 70 twice during the rally, while MACD showed bearish divergence after the $13.78 high.

Avalanche/Tether (AVAXUSDT) opened at $13.04 on 2025-12-11 at 12:00 ET, reached a high of $13.78, touched a low of $12.81, and closed at $12.93 as of 12:00 ET on 2025-12-12. Total 5-minute volume for the 24-hour period was 1,566,728.93 AVAX, with notional turnover of approximately $21.75 million.

Structure and Candlestick Patterns

Price formed a bullish engulfing pattern on the 5-minute chart near $13.02–$13.16, followed by a bearish harami at $13.76–$13.75, which may signal a reversal or consolidation phase. A long lower shadow appeared during the pullback to $12.93–$12.84, suggesting support around the $12.85–$12.90 range.

Moving Averages

The 20-period and 50-period moving averages on the 5-minute chart showed a bullish crossover around $13.05–$13.10, confirming the initial rally. On the daily chart, price closed above the 50-day MA but remains below the 200-day MA, indicating mixed-term sentiment.

Momentum Indicators

RSI climbed above 70 twice during the $13.60–$13.78 upswing, signaling overbought conditions. MACD showed a positive divergence during the initial rally but turned bearish after the $13.78 high, with the histogram contracting after the peak.

Volatility and Bollinger Bands

Bollinger Bands expanded significantly during the 5-minute rally from $13.20 to $13.78, then contracted during the pullback to $12.93–$12.81, suggesting reduced volatility and potential consolidation. Price is currently trading near the lower band at $12.81–$12.93, hinting at possible support.

Volume and Turnover

Volume spiked during the $13.20–$13.78 move, with the largest 5-minute volume reaching 115,376.95 AVAX at the peak of the downtrend. Notional turnover declined after the $13.78 high despite continued price movement, suggesting a lack of conviction in the bearish move.

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Fibonacci Retracements

The 5-minute swing from $12.81 to $13.78 saw key Fibonacci levels at 38.2% ($13.39) and 61.8% ($13.33) acting as dynamic resistance during the pullback. On the daily chart, the 61.8% retracement level near $13.25 has been a significant support area in recent weeks.

Traders may watch for a test of the $12.85–$12.90 support zone and a potential bounce or break. A retest of $13.30–$13.40 could offer a buying opportunity for bullish traders, but caution is warranted if volume remains weak and MACD fails to confirm a reversal.