Market Overview: Avalanche/Tether (AVAXUSDT) 24-Hour Analysis

Summary
• AVAXUSDT formed bearish engulfing and hanging man patterns during the early ET hours, signaling potential near-term weakness.
• Price broke below the 20-period and 50-period moving averages on the 5-min chart, indicating short-term bearish momentum.
• Volatility expanded significantly during the late ET session, with a 2.15% move from high to low in the 19:00–20:30 ET window.
• RSI dipped into oversold territory in the early morning hours, yet price continued lower, suggesting bearish exhaustion may not be immediate.
• High-volume sell-off observed between 19:15–20:30 ET, with turnover exceeding 1.5M USDT, confirming bearish bias.

Avalanche/Tether (AVAXUSDT) opened at $14.33 on 2025-12-10 at 12:00 ET, reached a high of $14.83, a low of $12.89, and closed at $13.04 on 2025-12-11 at 12:00 ET. Total volume over the 24-hour period was 3.48M USDT, with notional turnover exceeding $47.2M.

Structure & Formations

Price action showed multiple bearish reversal patterns, including a bearish engulfing candle at 22:00–22:15 ET and a hanging man at 01:00–01:15 ET, both suggesting potential short-covering or counter-trend bids. A key support level emerged around $13.00–13.05 as price found temporary stability during early morning hours, while resistance appeared near $13.40–13.45 during consolidation periods.

Moving Averages & Momentum

The 5-min chart showed a clear breakdown of the 20 and 50-period moving averages after the 20:30 ET candle, signaling short-term bearish momentum. On the daily chart, price remains below the 50, 100, and 200-day averages, pointing to ongoing bearish bias. The MACD histogram turned negative after 20:00 ET, confirming downward momentum, while RSI dropped into oversold territory at 05:00 ET but failed to trigger a meaningful bounce.

Volatility & Bollinger Bands

Volatility expanded significantly between 19:00–20:45 ET, with Bollinger Band width increasing by over 25% as price traded between the outer bands.

Price spent extended time near the lower band in the early morning, suggesting short-term exhaustion on the downside. A brief contraction in band width occurred around 10:00–11:00 ET, potentially setting the stage for a breakout in either direction.

Volume & Turnover

Volume spiked during the 19:15–20:30 ET window, with a 3.2M USDT turnover, confirming the bearish move. However, volume during the 05:00–06:00 ET window was relatively low despite a 1.8% price recovery, hinting at potential divergence. Turnover remained above average throughout the session, indicating sustained interest but skewed to downside participation.

Key Levels for the Next 24 Hours

Immediate support lies at $13.00, with a break below this level potentially targeting $12.70. A retest of the $13.40–13.45 resistance could offer a potential short-term bounce, but confirmation above this range is unlikely without a significant shift in volume dynamics.

Over the next 24 hours, AVAXUSDT may consolidate within a $12.80–13.40 range as short-term momentum appears to be waning. However, a sharp break below $13.00 could accelerate further bearish pressure. Investors should monitor volume patterns and 50-period MA rejections for early signals of trend continuation or reversal.