Markets· ★★· bearish·

AVAX drops 7.7% from open to $9.54, tests key support at $9.18

  • —AVAX at $9.54, down 7.70% from the $10.33 open
  • —Volume of $437.4 million is 24.07% below the 30-day average
  • —RSI at 43.6 and bearish MACD signal weak momentum, no confirmed oversold
  • —Key levels to watch are $9.48 and the $9.18 SMA-50
Why it matters: The decline came on below-average volume with no confirmed catalyst, so a break of $9.18 may not signal a lasting trend.
#AVAX
Source: DiarioBitcoin
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