Avalanche Stuck Below $8.19 as Traders Await Decisive Move

Avalanche's (AVAX) price continues to stall below $8.19, causing uncertainty among traders and investors.

The current price of $7.52 shows that AVAX has reclaimed its daily 20 and 50 EMAs but remains below the 200 EMA at $8.19.

This neutral-to-cautious position is further supported by the daily MACD histogram, which remains negative at -0.06, indicating a decelerating momentum despite the price recovery.

The hourly chart shows a tightly compressed zone between $7.48 and $7.55, pointing to an imminent volatility expansion.