AVAX is currently trading near support levels with oversold RSI, suggesting potential for a rebound. Recent price action shows consolidation after a decline.
Current Market Overview
AVAX is priced at $28.26, slightly below its 20-day and 50-day averages. The RSI of 37 indicates it’s oversold, which often precedes a price increase.
Price Levels to Watch
Support is seen around $27.16 (recent low) and resistance near $29.52 (recent high). The price is hovering close to support, making it a possible entry point.
Trading Strategy
Consider buying near support levels for a bounce toward resistance. Use stop-losses to manage risk if the price breaks below support.
Beginner Recommendations
Advice: hold
Buy Price: 27.2 USDT
Sell Price: 29.5 USDT
Key metrics
| Price | 28.2600 USDT |
| 24h Change | -1.77% |
| RSI(14) | 37.04 |
| SMA20 / SMA50 | 28.55 / 28.50 |
| Daily Volatility | 5.90% |
| 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.
