AVAX fell 1.82% to $6.14 as analysts focus on $6.45 resistance level

Avalanche’s native asset, AVAX, slipped by 1.82% in the past 24 hours, trading at $6.14. The token recorded an intraday low of $6.01 and a high of $6.60, with prices staying near the lower end of the range as broader market sentiment remains cautious. Avalanche, a leading blockchain platform recognized for decentralised application and digital asset transactions, currently finds market participants wary amid the recent pullback.

Short-term resistance at $6.45 remains key for upside

Analyst Trader Symba notes that for AVAX to regain upward momentum, the price must break above the $6.45 resistance. This critical level has previously been crossed briefly, but the price could not sustain itself, leading to renewed selling pressure. Analysts underline that bears remain active at the $6.45 mark, capping AVAX’s recovery attempts.

If AVAX pushes above $6.45 and defends that zone, the $6.60 to $6.65 range could come into play as the next target. However, another rejection at resistance may prompt a drop back to $6.10, and potentially test the $6.00 support area.

Table of notable support and resistance levels

Push above $6.65 may signal stronger recovery

Some market observers are now turning their attention to the $6.65 threshold. Despite AVAX’s efforts to establish a base, the price continues to trade below the primary resistance band. Optimism for sustained gains in the short run, analysts say, will likely require not only a break above $6.45 but also confirmation above $6.65.

Failure to clear this level could leave AVAX trading in a narrow range between the $6.00 support and the $6.45-$6.65 resistance band, indicating a neutral to weak bias until a decisive breakout takes shape.

Short-term support, on-chain activity and market signals

For traders focusing on shorter timeframes, the $6.00 – $6.15 range stands out as a core support zone. As long as this area holds, there is potential for AVAX to attempt another move toward $6.45. If this upper threshold falls, the $6.80 – $7.00 range could become the next major target.

On the on-chain side, recent data showed a significant withdrawal of 238,651 AVAX—worth approximately $1.5 million—by a large wallet from Bybit. While sizable withdrawals by major holders can sometimes suggest a reduction in selling pressure, analysts note this signal alone does not alter the broader technical landscape.

For downside scenarios, initial critical support is found between $6.05 and $6.00. A drop below this zone could open the way for further losses towards $5.85 and $5.70. If selling accelerates beyond these points, the wider support area at $5.50 could be tested.

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