📉 $AVAX · 1H
The $9.05 area held twice over the last three days and is being tested again. $AVAX is at $9.12, under both its 20 and 50 hourly averages. Price is down in the lower third of that range. There is only 0.7% between price and support. The 20 has stayed below the 50 for 20 candles. RSI at 29 is deep in oversold territory. Over the past day it has traded between $9.05 and $9.81, sitting near the bottom of it now. Turnover is unremarkable, running 1.2x the recent average. The 20 average is at $9.25 and the 50 at $9.43. Down 7.0% over 24 hours.
⚠️ DYOR
$AVAX #Binance
The $9.05 area held twice over the last three days and is being tested again. $AVAX is at $9.12, under both its 20 and 50 hourly averages. Price is down in the lower third of that range. There is only 0.7% between price and support. The 20 has stayed below the 50 for 20 candles. RSI at 29 is deep in oversold territory. Over the past day it has traded between $9.05 and $9.81, sitting near the bottom of it now. Turnover is unremarkable, running 1.2x the recent average. The 20 average is at $9.25 and the 50 at $9.43. Down 7.0% over 24 hours.
⚠️ DYOR
$AVAX #Binance
