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

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Sunday, Dec 21, 2025 12:30 pm ET1min read
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- AVAXUSDT formed a bearish engulfing pattern near 12.3, with price closing below 20/50-period 5-min moving averages, reinforcing short-term bearish bias.

- Volatility expanded (0.18 range) and turnover spiked in final 8 hours, while RSI neared oversold (32) without triggering a rebound.

- Key support at 12.13 and resistance at 12.24-12.30 identified, with Fibonacci analysis confirming 12.24 as 38.2% retracement level.

- Market faces potential rebound from 12.24 but risks breakdown below 12.13, which could trigger further downside amid bearish momentum.

Summary
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AVAXUSDT
formed a bearish engulfing pattern near 12.3, suggesting short-term reversal risk.
• Price traded below both 20 and 50-period 5-min moving averages, indicating short-term bearish bias.
• Volatility expanded with a 0.18 range between high and low, while turnover spiked in the final 8 hours.
• RSI approached oversold territory but failed to close below 30, hinting at potential rebound.
• Key support identified at 12.13, with 12.24 and 12.30 as immediate resistance levels.

Avalanche/Tether (AVAXUSDT) opened at 12.27 on 2025-12-20 12:00 ET, hit a high of 12.32, and closed at 12.24 as of 2025-12-21 12:00 ET. Total 24-hour volume was 580,184.15 with a turnover of $7,142,962. The pair showed heightened volatility amid shifting momentum.

Structure & Formations


Price action formed a bearish engulfing pattern near the 12.3 level on 2025-12-21 09:30 ET, signaling a potential short-term reversal.
A doji appeared at 12.24 later in the session, indicating indecision. Key support levels identified include 12.13 and 12.2, while resistance appears at 12.24, 12.28, and 12.30.

Moving Averages and Momentum


On the 5-min chart, price closed below both 20 and 50-period moving averages, reinforcing short-term bearish bias. RSI dipped near 32, signaling oversold conditions but failed to trigger a strong rebound. MACD showed a bearish crossover with a negative histogram, indicating weakening bullish momentum.

Volatility and Turnover


Bollinger Bands widened during the session, confirming increased volatility. Price traded within the lower third of the bands for much of the session, showing bearish pressure. Notional turnover spiked in the last 8 hours of the 24-hour window, particularly as price approached key resistance levels.

Volume and Fibonacci Analysis


Volume increased notably during bearish moves between 12.26 and 12.21, confirming the downward trend. Fibonacci retracement levels from the 12.32 high to the 12.01 low indicated 12.24 as a 38.2% level, and 12.13 as a 61.8% level, both of which coincided with strong price reactions.

The market may attempt a rebound from the 12.24 level in the next 24 hours if bulls manage to control short-term bearish momentum. Investors should remain cautious about potential pullbacks or a breakdown below 12.13, which could trigger further downside.