AVAX Price Faces Imminent Pullback as Momentum Fades

AVAX saw a significant 10% price surge to $7.48, but momentum is already stalling above the upper Bollinger Band.

The RSI is running hot above 73, and the Stochastic %K is practically at its ceiling at 98.56, indicating an overextended move.

The MACD histogram printed flat at zero while price reached a local high, which is not confirmation of strength but rather a red flag for fading momentum.

According to Blockchain.news, this pattern matches prior L1 rotation cycles where a sharp liquidity-driven spike in a thin window is followed by distribution into the retail FOMO.