Avalanche Price Teeters at Crossroads as Short-Term Sentiment Clashes with Bearish Weekly Trend

Avalanche ($AVAX) price has been hovering near $6.65 after climbing more than 3% this week, recovering from its recent low around $6.10.

The move has improved short-term sentiment, with buyers reclaiming momentum, but the weekly trend remains bearish, setting up a battle between short-term optimism and long-term resistance.

The 4-hour chart suggests that $AVAX is attempting to build a recovery after breaking above its descending channel and ending weeks of lower highs and lower lows.

However, the weekly chart presents a more cautious outlook, with $AVAX continuing to trade inside a long-term descending channel that has defined its trend since late 2025, indicating the broader market structure remains bearish.