Crypto
AVAX Price Momentum Flatlines Amid Aggressive Spot Selling
AVAX has stalled in its price momentum, and bears are circling around $6.97 as spot sellers take control.
The price is clinging to $7.22, fractionally below its own 7-day moving average, which is a short-term bearish signal that most traders would brush off in isolation but is part of a coherent, troubling picture.
The MACD histogram has compressed to an absolute zero read, meaning the recent upward push from the $6.74 region is running on borrowed time unless fresh buying volume materializes fast.