AVAX is under pressure below both moving averages. RSI is neutral-bearish. The network has been gaining DeFi traction but price action remains weak.
Watch for support at $20. A bounce from there could target $23.
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 42.8 | Neutral |
| MACD | -0.4500 | Bearish |
| EMA (50) | $22,8 | Below |
| EMA (200) | $25,1 | Below |
AVAX is under pressure below both moving averages. RSI is neutral-bearish. The network has been gaining DeFi traction but price action remains weak.
Watch for support at $20. A bounce from there could target $23.