Avalanche shed 3.02% over the past 24 hours to $10.19 on Binance spot, slipping beneath all short-term moving averages and compressing toward the lower end of its Bollinger Band range. MarketsAll o...
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AVAX printed a 24-hour range of $10.16–$10.52 on Binance spot, settling at $10.19 with $23.9 million in volume. The 3.02% decline has pushed the token below the 7-day SMA ($10.33), the 12-period EMA ($10.51), and the 26-period EMA ($10.24), leaving a resistance cluster immediately overhead. Immediate resistance is at $10.42, with stronger resistance at $10.65.
The longer-term picture is less damaged. The 50-day SMA ($9.21) and 200-day SMA ($8.15) remain well beneath current price, meaning the broader trend structure has not been broken by this pullback. Immediate support sits at $10.06, with strong support at $9.93 — a level that coincides almost exactly with the lower Bollinger Band at $9.92, forming a narrow but technically meaningful floor.
The 14-period daily RSI at 49.74 is neutral by the supplied classification, offering no directional bias. The MACD reading is more specific: with both the MACD line and its signal line sitting at 0.2696 and the histogram at exactly 0.0000, momentum has arrived at a crossover point. The supplied data labels this configuration as bearish momentum — whether that develops into a sustained negative histogram or simply marks a pause is contingent on the sessions ahead.
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