Avalanche 12-Hour TD Sequential Signals Sell After 50% Pin Bar Close – Details

Avalanche is one of the best-performing assets in recent weeks, up over 53% since March 11 as buyers attempt to initiate a broader recovery. The strong rebound comes after a brutal correction in which AVAX lost more than 72% of its value since mid-December 2024, causing widespread capitulation and fear throughout the market. Currently, with price movements showing signs of strengthening, investors are cautiously optimistic — but uncertainty remains. Despite the recent price increase bringing some relief, many analysts believe that the market may be entering a consolidation phase. AVAX is currently struggling to hold above the $22 level, a key resistance level that could determine whether the upward trend continues or halts. Some technical signals are warning of caution as the momentum begins to slow down. Top analyst Ali Martinez has shared insights on X, pointing out that the TD Sequential indicator is currently giving a new sell signal. This suggests that AVAX may be facing a short-term pullback or a consolidation phase. With the broader market still under pressure, traders are closely watching to see if Avalanche can maintain its gains or lose momentum. Avalanche wakes up but faces severe risks. Avalanche is showing signs of a revival after months of heavy selling pressure. Like many other altcoins, AVAX has been severely affected by macroeconomic volatility, losing over 70% of its value since mid-December 2024. Currently, as the upward momentum begins to return on select altcoins, Avalanche is trying to create a recovery. The recent price increase of 53% since March 11 has revived hopes that AVAX may be ready to break out — but there are still many obstacles. The broader market environment continues to be shaped by uncertainty. Concerns over trade wars and unstable macroeconomic signals have put pressure on risk assets, including cryptocurrencies. Many investors remain cautious and are still liquidating positions near current levels, worried about the long-term direction of the market. While momentum is returning to some sectors, the path of Avalanche is still far from clear. Top analyst Ali Martinez recently highlighted a technical development using the TD Sequential indicator. After accurately predicting the recent bottom and a 50% increase in AVAX, the indicator is now flashing a sell signal. This suggests that Avalanche may experience a short-term pullback or consolidation phase before any further bullish movement.

The $22 level remains a key resistance zone for AVAX. A temporary cooldown here could be healthy — giving the buyers time to regroup before attempting a breakout. If AVAX can hold the important support level and reset after the current rally, it could build a stronger foundation for a decisive rally above $22 in the coming weeks. Currently, all eyes are on the price action as Avalanche balances between correction and continuation in a market still clouded by uncertainty. AVAX struggles below the $22 level as buyers target a breakout at $30. Avalanche ( AVAX ) is currently trading at $21.80 after reaching $23.40 just two days ago. The recent pullback reflects a downtrend as buyers struggle to maintain pressure near the short-term resistance level. However, the trend remains intact — so far. To sustain the recovery momentum, buyers must defend the current level and work towards reclaiming the $30 mark, in line with the 200-day moving average ( MA ) and the 200-day exponential moving average ( EMA ). A successful breakout above this range would be a strong bullish signal and could mark the beginning of a larger upward trend.

However, failing to hold above $20 in the coming days will be a warning sign. A drop below this level could trigger increased selling pressure and bring AVAX back to the $17 zone — a key support area from previous consolidation phases. As Avalanche continues to trade within a volatile range, a few upcoming sessions will be crucial in determining the short-term direction. With the market still under macroeconomic pressure, buyers must act quickly to maintain the upward momentum. A decisive move above $30 remains the target, but holding the $20 level is equally important to avoid deeper pullbacks and a new bearish sentiment.

AVAX-0,43%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)