AVAX is currently trading at $15.57 with mixed signals. The RSI indicates overbought conditions, but recent price action shows support around $14.79. Current price is between key support and resistance levels.
Current Market Position
Price is slightly above the 20-day moving average but below the 50-day average. The RSI at 75.56 suggests the asset may be overbought, which often precedes a price correction.
Support and Resistance Levels
Key support levels are visible around $14.79-$15.13 based on recent lows. Resistance appears near $15.75-$15.84 from recent highs. These levels help identify potential entry and exit points.
Trading Strategy
Given the overbought RSI and recent price decline, waiting for a pullback to support levels provides better risk-reward. Consider buying near support and selling near resistance for short-term trades.
Risk Management
Always use stop-loss orders to protect your capital. Crypto markets are volatile, so never invest more than you can afford to lose. Diversify your investments across different assets.
Beginner Recommendations
Advice: hold
Buy Price: 15.1 USDT
Sell Price: 15.75 USDT
Key metrics
| Price | 15.5700 USDT |
| 24h Change | -0.83% |
| RSI(14) | 75.56 |
| SMA20 / SMA50 | 15.21 / 15.45 |
| Daily Volatility | 4.59% |
| Sentiment | Neutral |
| Risk level | Medium |
Disclaimer: this material is for educational purposes only and does not constitute financial advice. Cryptocurrencies are highly volatile; always assess your own risk, investment horizon, and do your own research.
