AVAX

AVAX is currently trading slightly bullish, up 0.23% on the day. The 1-minute data shows a recent consolidation phase, with prices fluctuating around $17.90. The volume in the last 20 minutes appears relatively light, with the highest volume candle at 800.35. However, comparing this to the recent 5-minute data we can see that the market is in a downtrend. The 5-minute data shows a clear bearish trend, with a series of lower highs and lower lows. The most recent 5-minute candles are still struggling to break above 17.60. The price is currently near the high of the day which may lead to some sideways movement before the next break.