Avalanche price analysis (Bullish) — 14.20 USDT (-1.04% 24h)

AVAX is showing signs of potential reversal after recent selling pressure, with the price currently trading at $14.20. The 24-hour decline of 1.05% comes amid relatively healthy trading volume exceeding $41 million, suggesting active participation at these levels. Technically, AVAX appears oversold with an RSI reading of 32.67, indicating potential for a bounce. The price currently sits below both the 20-day SMA ($14.54) and 50-day SMA ($14.74), confirming the short-term bearish structure but also highlighting potential value for contrarian buyers. The 4.97% volatility reading suggests manageable price swings compared to typical crypto standards. For traders, current levels present an interesting risk-reward setup – consider scaling into long positions with tight stops below $13.80, targeting a move back toward the $15.00 resistance zone. Position sizing should remain conservative given the overall market uncertainty.