Market Overview for Avalanche/Tether (AVAXUSDT) – 2026-01-11

Sunday, Jan 11, 2026 12:32 pm ET1min read
Aime RobotAime Summary

- AVAXUSDT traded in a $13.76–$13.98 range with failed breakouts and a bullish engulfing pattern near $13.78–$13.80.

- RSI hit overbought levels (70+) in late afternoon while Bollinger Bands widened, signaling increased volatility and potential pullback.

- Elevated volume ($2.81M turnover) in the last 6 hours showed renewed interest but diverged from price action, hinting at possible distribution at higher levels.

- Key support at $13.75–$13.76 held multiple times, with 61.8% Fibonacci retracement at $13.87 acting as a short-term pivot level.

- MACD divergence and RSI below 50 could trigger a retest of $13.75–$13.76 if upward momentum fails to confirm.

Summary
• Price action consolidates between $13.76–$13.98 with no clear breakout.
• RSI shows overbought conditions in late afternoon, hinting at potential pullback.
• Volume remains elevated in the last 6 hours, suggesting renewed interest.
• A bullish engulfing pattern formed near $13.75–$13.81 may signal short-term reversal.
• Bollinger Bands widen in early morning, indicating increased volatility.

Avalanche/Tether (AVAXUSDT) opened at $13.85 on 2026-01-10 at 12:00 ET, traded as high as $13.98, as low as $13.76, and closed at $13.95 on 2026-01-11 at 12:00 ET. Total volume reached 201,516.9 units, with a turnover of $2.81 million over the 24-hour window.

Structure & Formations


Price remained in a tight $13.76–$13.98 range for most of the day, with a bearish breakdown attempt failing in the late morning. A bullish engulfing pattern formed between 05:45 and 06:00 ET near $13.78–$13.80, which could indicate a short-term reversal. A key support at $13.75–$13.76 held multiple times, suggesting it could act as a floor in the near term.

Volatility and Momentum



Bollinger Bands expanded in early morning, signaling increased volatility, while the RSI climbed above 70 in the late afternoon, pointing to overbought conditions. MACD remained positive for most of the session but showed signs of divergence in the final hours, hinting at potential exhaustion in the upward move.

Volume and Turnover


Volume and turnover spiked significantly in the late afternoon, especially around the $13.90–$13.98 range. While the price moved higher, volume did not confirm a strong breakout, suggesting caution. A divergence between volume and price could point to distribution at higher levels.

Key Levels and Retracement Levels


The 61.8% Fibonacci retracement level from the $13.75 low to the $13.98 high is at $13.87, where price tested and bounced twice. The 50-period EMA on the 5-minute chart provided a dynamic support/resistance line around $13.82–$13.84.

Given the consolidation and mixed momentum signals,

may test $13.85–$13.90 over the next 24 hours, but a retest of $13.75–$13.76 is also likely if the RSI breaks below 50. Investors should monitor divergence in the MACD and volume for confirmation of the next directional move.