AVAX is recovering from recent lows, but the broader 1H structure still favors sellers after the earlier channel breakdown.
Price is now approaching the 9.10–9.25 resistance zone, while the slower EMA remains overhead. If buyers fail to clear this area, the rebound could fade and send AVAX back toward 8.75, followed by 8.55–8.60.
Macro also supports caution. The Dollar Index is holding near a two-week high around 102.4, while the US 10-year yield is back above 5% ahead of the Fed decision. Both remain headwinds for risk assets and could keep pressure on altcoins if the Fed maintains a hawkish tone.
A signal that December tightening remains possible could extend this pressure into the next few sessions.
The bearish setup weakens if AVAX breaks and holds above 9.25–9.30.
Preferred scenario: rebound into 9.10–9.25 → rejection → 8.75 → 8.55–8.60.
