AVAX is currently overbought with high RSI, suggesting caution. Recent price shows volatility with clear support and resistance levels.
Current Market Overview
Price is $16.7, up 2% in 24h. RSI at 89 indicates overbought conditions, meaning it might be due for a pullback.
Support and Resistance Levels
Recent local lows around $15.8 provide strong support. Resistance is near $16.93 from recent highs.
Trading Strategy
Wait for a dip to buy near support. Consider selling if it approaches resistance, especially with high RSI.
Beginner Recommendations
Advice: hold
Buy Price: 15.8 USDT
Sell Price: 16.93 USDT
Key metrics
| Price | 16.7000 USDT |
| 24h Change | 2.02% |
| RSI(14) | 88.79 |
| SMA20 / SMA50 | 16.22 / 16.43 |
| Daily Volatility | 5.57% |
| Sentiment | Bearish |
| Risk level | High |
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.
