‎Avalanche (AVAXUSD) Poised for Short-Term Recovery Amid Broader Bearish Trend

‎AVAXUSD Market Analysis- October 30

‎Avalanche (AVAXUSD) experiences a shift in market sentiment as the bullish momentum weakens, giving way to a potential bearish continuation despite signs of a short-term recovery.

‎AVAXUSD Key Levels

‎Support Levels: $20.20, $10.70
‎Resistance Levels: $28.22, $36.60

‎AVAXUSD Long-Term Trend: Bearish

‎Avalanche’s bullish momentum has come to an end as price action confirms a bearish shift following an overbought reading on the daily Relative Strength Index (RSI). A clear bearish break of structure occurred in early October 2025, signaling a transition of market control from buyers to sellers.
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‎Currently, price has declined toward the $20.20 demand level, where a temporary pause in bearish pressure is observed. The RSI on the daily chart now suggests the market is gradually recovering from oversold conditions, hinting at a potential short-term rebound.
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‎This setup increases the likelihood of a bullish corrective move toward the daily bearish order block, although further confirmation is still required. A decisive push above the daily Moving Average would strengthen this outlook and validate the beginning of a short-term bullish pullback before the overall bearish trend resumes.

‎AVAXUSD Medium-Term Trend: Bullish

‎On the 4-hour timeframe, Avalanche appears to be in the early phase of a bullish correction, forming a failed low that indicates a weakening of selling pressure. The RSI on this timeframe also shows improving momentum, rising from the oversold region.
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‎Should the $20.20 level hold as support, it may act as a springboard for continued bullish momentum, potentially driving price toward the daily bearish order block area. However, traders should remain cautious, as this region is likely to serve as a key resistance zone—where the broader bearish trend could resume its dominance.

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