Current Price: 13.99 USDT
24H Range: 13.48 – 14.22
24H Volume: ~23.03M USDT
Trend Context: Short-term recovery within a broader bearish structure
Market Structure
AVAX is trading near 13.99 after a modest rebound from the 13.48 support zone. Price action remains compressed below the mid-range resistance, indicating consolidation rather than a confirmed trend reversal. On higher timeframes (1D), the market is still in a broader downtrend, as reflected by weak performance over 90 days, 180 days, and 1 year.
Technical Outlook
Support Levels
13.50 – 13.40: Key intraday support; a breakdown below this zone may accelerate selling pressure.
12.80 – 12.50: Major demand zone if bearish momentum resumes.
Resistance Levels
14.20 – 14.40: Immediate resistance; rejection here keeps the market range-bound.
14.60 – 15.00: Strong resistance and trend decision zone. A daily close above this level is required for bullish continuation.
Momentum
Short-term momentum has improved slightly, but volume expansion is limited.
Indicators suggest neutral-to-weak strength, signaling caution for aggressive long positions.
Bias & Scenarios
Bullish Scenario
Sustained hold above 13.80 followed by a breakout above 14.40
Target zones: 14.60 → 15.20
Confirmation required via strong volume and higher highs on 4H/1D
Bearish Scenario
Failure to reclaim 14.20–14.40 resistance
Breakdown below 13.50 opens downside toward 12.80
Trend remains bearish on higher timeframes unless structure changes
Conclusion
AVAX/USDT is currently in a short-term corrective bounce within a long-term bearish trend. Traders should wait for a clear breakout above 14.60 for bullish confirmation or a breakdown below 13.50 for continuation of the downtrend. Risk management is critical in current market conditions.
This analysis is for educational purposes only, not financial advice.#AVAXUpdate #AVAXUSDT🚀 #AVAXAnalysis #BinanceHODLerBREV #USNonFarmPayrollReport
