Market Overview for Avalanche/Tether (AVAXUSDT)

Summary
• AVAXUSDT formed a bullish breakout above 12.45, with strong volume and price consolidation near 12.5.
• A bearish reversal pattern appears at 12.58, coinciding with a pullback in the last 6 hours.
• RSI shows overbought conditions near 75, suggesting potential near-term profit-taking.
• Bollinger Bands expanded as volatility increased during the morning ET push.
• Fibonacci retracement levels at 12.43 and 12.29 appear to act as dynamic support/resistance.

24-Hour Performance

Avalanche/Tether (AVAXUSDT) opened at 12.42 on 2025-12-25 12:00 ET and closed at 12.20 by 12:00 ET on 2025-12-26, reaching a high of 12.58 and a low of 12.14. The total volume traded over the 24-hour window was approximately 1,551,389.14 units, with a notional turnover of around 19,385,780.91 USD.

Structure and Patterns

The 5-minute chart showed a strong bullish breakout above 12.45, supported by a large volume spike and a series of higher highs. A potential bearish reversal pattern emerged at 12.58, marked by a long upper wick and a subsequent pullback. The price also displayed consolidation near 12.43, which acted as a key support level before a sharp decline in the late afternoon ET.

Momentum and Volatility

The RSI climbed into overbought territory near 75, signaling potential exhaustion of the bullish momentum and a possible near-term correction. Bollinger Bands showed a marked expansion during the morning ET push above 12.50, suggesting heightened volatility. Price action remained within the upper band until a sharp decline pulled it toward the middle band by the late afternoon.

Volume and Turnover

Volume surged during the 02:30–03:00 ET period, coinciding with a sharp rise in price to 12.58. However, volume began to wane during the subsequent pullback, suggesting some divergence between price and underlying participation. Turnover mirrored the volume pattern, with a notable dip as price consolidated near 12.43 before a renewed decline.

Fibonacci Retracements

Fibonacci levels at 12.43 (38.2%) and 12.29 (61.8%) appeared to act as dynamic support zones during the 24-hour period. The price found temporary stability at 12.43 in the morning before breaking down to test the 12.29 level in the late afternoon.

Avalanche/Tether may test the 12.25–12.30 zone in the next 24 hours for further consolidation. Investors should remain cautious as overbought momentum and bearish reversal patterns could trigger renewed selling pressure.