Market Overview for Avalanche/Tether (AVAXUSDT)
Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Saturday, Jan 10, 2026 12:30 pm ET1min read
AVAX--
Aime Summary
The reveals a 24-hour session opening at $14.12, peaking at $14.19, and bottoming at $13.65 before closing at $13.87 as of 12:00 ET. Total volume amounted to 367,840.65, with a notional turnover of approximately $5.03 million.
Price action showed a bearish engulfing pattern at the session’s start, followed by a long bearish shadow during the early hours, indicating strong selling pressure. A bullish reversal pattern emerged near $13.65 as buying interest returned, but it failed to close above key resistance at $13.87.
On the 5-minute chart, the 20-period and 50-period SMAs were in bearish alignment for most of the session, reinforcing the downward drift. Daily MA levels were not provided in this data set, but intraday momentum favored the short-term downside.
The MACD turned negative during the decline and remained in the bearish territory for the session. RSI reached a low of 30, signaling potential oversold conditions, though without a strong reversal confirmation, caution is warranted.
AVAXUSDT traded near the lower Bollinger Band for much of the session, indicating low volatility. A contraction in the bands occurred during the overnight hours, suggesting a potential breakout or continuation move in the near term.
Volume surged during the bearish leg between $14.19 and $13.65, confirming the move. Turnover spiked in alignment with the largest price drops, reinforcing the validity of the sell-off. However, volume during the rebound to $13.87 was weaker, hinting at potential consolidation.
Fibonacci levels showed price finding a temporary floor at the 61.8% retracement level of the initial leg down from $14.19 to $13.65. A retest of the $13.87 resistance level could trigger a short-term pullback or consolidation.
Aime SummarySummary
• AVAXUSDTAVAX-- declined from $14.19 to $13.87 over 24 hours, forming a bearish engulfing pattern.
• RSI dipped to 30, suggesting oversold conditions, while volume spiked near the lows.
• Price found temporary support at $13.70 and tested resistance at $13.87.
Market Overview
The reveals a 24-hour session opening at $14.12, peaking at $14.19, and bottoming at $13.65 before closing at $13.87 as of 12:00 ET. Total volume amounted to 367,840.65, with a notional turnover of approximately $5.03 million.
Structure & Formations
Price action showed a bearish engulfing pattern at the session’s start, followed by a long bearish shadow during the early hours, indicating strong selling pressure. A bullish reversal pattern emerged near $13.65 as buying interest returned, but it failed to close above key resistance at $13.87.
Moving Averages
On the 5-minute chart, the 20-period and 50-period SMAs were in bearish alignment for most of the session, reinforcing the downward drift. Daily MA levels were not provided in this data set, but intraday momentum favored the short-term downside.
MACD & RSI
The MACD turned negative during the decline and remained in the bearish territory for the session. RSI reached a low of 30, signaling potential oversold conditions, though without a strong reversal confirmation, caution is warranted.
Bollinger Bands
AVAXUSDT traded near the lower Bollinger Band for much of the session, indicating low volatility. A contraction in the bands occurred during the overnight hours, suggesting a potential breakout or continuation move in the near term.
Volume & Turnover
Volume surged during the bearish leg between $14.19 and $13.65, confirming the move. Turnover spiked in alignment with the largest price drops, reinforcing the validity of the sell-off. However, volume during the rebound to $13.87 was weaker, hinting at potential consolidation.
Fibonacci Retracements
Fibonacci levels showed price finding a temporary floor at the 61.8% retracement level of the initial leg down from $14.19 to $13.65. A retest of the $13.87 resistance level could trigger a short-term pullback or consolidation.
Looking ahead, a break above $13.87 could signal short-term relief, but a sustained close below $13.70 may confirm deeper bearish momentum. Investors should remain cautious of increased volatility if key levels are tested.
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PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
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