BEARISH 📉 : AVAX fails $9.75-$10.28 resistance, risks slide to $8.7-$9.0 support area

AVAX slips back under $10. Analyst flags tight resistance and sees room to $8.7–$9.0 if bulls fail.

Crypto analyst RLinda says bears still control Avalanche (AVAX) price action. Mixed signals persist amid repeated rejections near $10 (TradingView).

AVAX briefly reclaimed $10 last week, then faded. The move confirmed a broader bearish trend and weak sentiment, with sellers using bounces to exit (Bitcoinist). AVAX has struggled since the 2021–2022 DeFi cycle, with rallies failing to stick (NewsBTC).

Key levels now:

  • First resistance near $9.75, where prior rallies stalled (TradingView).
  • Next barriers at $9.820 and $10.28; staying below keeps bears in control (NewsBTC).
  • Bear case if rejection triggers a local squeeze and price falls back under $9.75, opening $8.7–$9.0 (Bitcoinist).
  • Supports: $9.48, then $9.06, then $8.71 where bulls may attempt a stand (NewsBTC).

Bulls need a clean break above $10 for a continuation rally, per the resistance map outlined by RLinda (NewsBTC).

Avalanche AVAX price
Avalanche AVAX price chart from Tradingview.com