Price now: $28.98 (after a sharp rise to $30.03).
24h range: from $26.70 to $30.03 — meaning volatility is quite high.
RSI (6): ~49.8 → neutral zone, meaning there is no clear overbought or oversold condition.
MACD: shows slight positive (MACD > DEA), but the movement is weak → this is rather a consolidation after the jump.
Candles: after the peak at $30.03, there was a pullback to $28.53, and now there is an attempt to hold above $28.8–29.0.
⚖️ Key levels:
Resistance: $29.45 – $30.0 (there was a reversal here, it may act as a strong wall for growth).
Support: $28.5 (last bottom), then $27.8–28.0.
📈 Possible scenarios:
1. If the price consolidates above $29.1 → chance for a retest of $30.0.
2. If they can't hold $28.8–28.5 → possible drop to $28.0 and below.
3. Overall, today's trend remains upward (+8.2% for the day), but now it is in a pullback/consolidation phase.
🔮 About the coin (Avalanche, AVAX):
This is a blockchain, a competitor to Ethereum, known for high transaction speeds.
Used for DeFi, NFTs, and various Web3 solutions.
Depends on the overall sentiment in the crypto market (especially from BTC and ETH).
👉 If you are trading short — watch the levels $28.5 (support) and $30 (strong resistance).
👉 If you are thinking long-term — AVAX is considered a promising project, but it is volatile.
