Sentiment: Neutral
AVAX is currently trading at $33.93, showing a modest 4.14% gain over the past 24 hours. The price sits just below the 20-day SMA of $34.39, indicating potential resistance at this level, while remaining above the 50-day SMA of $32.43, which provides underlying support. The RSI reading of 44.41 suggests the asset is neither overbought nor oversold, leaving room for movement in either direction. Trading volume of $266M is healthy, showing decent market participation. Given the current technical setup, I’d recommend watching for a decisive break above the 20-day SMA with volume confirmation for long entries. Downside support appears strong near the $32.40 level. Traders might consider scaling into positions on any pullbacks toward the 50-day SMA, with stops below $31.50.
Key Metrics
| Price | 33.9300 USDT |
| 24h Change | 4.14% |
| 24h Volume | 266495771.12 |
| RSI(14) | 44.41 |
| SMA20 / SMA50 | 34.39 / 32.43 |
| Daily Volatility | 4.88% |
Avalanche — 1h candles, 7D window (SMA20/SMA50, RSI).
