AVAX Falls 5.11% to $10.93 After 49% Rally Driven by Helicon Upgrade
- —AVAX dropped 5.11% to $10.93 after gaining 49.13% in 30 days and 70.28% in 90 days
- —RSI at 76.6 and stochastic at 82.1 signal overbought conditions; price trades 2.23% below VWAP of $11.18
- —Daily volume of $933.5M is 144% above the 30-day average
- —Key support at $10.39 (23.6% Fibonacci), resistance at $11.76
Why it matters: The pullback may turn into consolidation if AVAX holds $10.39 support; a break below would open the door to $9.62.
Source: DiarioBitcoin