$AVAX has shown strong momentum with a price increase of 11.937% over the past 24 hours.

The 24-hour trading range has been between 0.482 and 0.5914, indicating heightened volatility.

Trading sentiment appears mixed, suggesting traders are cautiously optimistic about future movements.

With an RSI of 60.19, AVA is approaching overbought territory, indicating possible profit-taking soon.

Currently testing the resistance level at 0.5914, a breakout could signal further bullish momentum, while a rejection may test support at 0.482.

No major news events are currently impacting the market, but this could change rapidly.

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