On 2026/1/2, $AVAX is in a clear upward trend, but short-term technical indicators show overbought conditions, which may face a pullback pressure.


1. Trend Judgment: Uptrend

Price Movement: From the latest data, the closing price has risen to 13.65 USDT, significantly higher than previous lows (such as 12.10 USDT). Recent candlesticks show higher highs (e.g., 12.90 → 13.69 USDT), and the pullback lows have not broken key support levels.

EMA Indicators: The fast line (ema_fast = 12.894) has crossed above the slow line (ema_slow = 12.706), and both are in a bullish arrangement, confirming short-term upward momentum.

MACD Indicators: macd_dif (0.188) and macd_dea (0.053) are both positive, with the histogram (macd_histogram = 0.135) continuously expanding, indicating strong upward momentum.

Volume Confirmation: During the key upward candlestick (e.g., 2026-01-01 16:00:00), trading volume significantly increased (28.49 million USDT), showing capital inflow supporting the rally.

2. Key Level Analysis

Resistance Levels:

Recent High Resistance: 13.69 USDT (high at 2026-01-01 20:00:00), breaking this may test higher psychological levels (e.g., 14.00 USDT).

Secondary Resistance: 13.90-14.00 USDT (based on previous fluctuation range).

Support Levels:

Strong Support: 13.00-13.20 USDT (previous consolidation platform and EMA slow line vicinity).

Secondary Support: 12.70 USDT (recent pullback low and EMA fast line area).

3. Risk Warning

Overbought Signals: RSI (76.24) and StochRSI (K value 100) are both in overbought territory, which may lead to short-term technical correction or consolidation.

Volume-Price Divergence: The latest candlestick (2026-01-02 00:00:00) shows a significant decrease in volume compared to the previous one. If the price continues to rise with decreasing volume, be cautious of weakening momentum.

Conclusion

Currently, AVAX/USDT is in a clear uptrend, but short-term technical indicators show overbought conditions, which may face a pullback. Recommendations:

Bullish Strategy: If the price stabilizes above 13.20 USDT support, watch for an upward breakthrough of 13.69 USDT.

Risk Control: If it falls below 13.00 USDT, the trend may shift to consolidation or correction, so be cautious about chasing highs.
AVAX9,2%
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