$AVAX Analysis

Avalanche (AVAX) is currently trading at **$20.37**, showing slight volatility with a **0.34% increase** today . Market sentiment remains **bearish** despite a **greed index of 62**, suggesting mixed investor confidence .

- Technical indicators show **neutral RSI (47.57)** but bearish signals dominate, with **16/30 bearish indicators** .

**Key Takeaways:**

AVAX faces resistance near **$21.47** (50-day SMA at $22.03) . While short-term trends are shaky, long-term forecasts remain bullish. Investors should monitor **RSI and SMA crossovers** for entry points.