Here's a breakdown of the $AVAX /USDT market data you've shared:
Current Price
$24.08 (+6.31% in 24h)
Price Range (24h)
High: $24.15
Low: $22.37
Volume (24h)
$AVAX : 3.96 million
USDT: 91.60 million
RSI (6): 78.09
Indicates overbought conditions in the short term, which may lead to a pullback.
Recent Trend
15m, 1h, 4h, 1D: Showing strong bullish movement
Today: +6.78%
7 Days: +20.46%
30 Days: -4.41%
90 Days: -3.76%
180 Days: -38.30%
1 Year: -41.12%
Technical Indicators (mentioned)
MA, EMA, BOLL, SAR, MACD, RSI, Volume – All tools likely being used for trend confirmation and momentum.
Order Book Snippet
Buy Support: Around $22.69, $22.16, $21.63
Sell Pressure: At $24.15+
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Summary:
$AVAX is experiencing a short-term rally with RSI nearing overbought territory. While the daily and weekly performance is positive, longer timeframes show a significant decline, suggesting the coin is still in recovery mode from a broader downtrend.
