Avalanche's native token AVAX is sliding toward its lower Bollinger Band, a technical signal that often precedes a breakdown or a bounce. All major moving averages now sit above the current price, and trading volume has been dropping. The base case over the next week or two points to a move into the $6.31–$6.40 support range, with bears already setting their sights on $6.31.
Bollinger Band squeeze and declining volume
The Bollinger Bands are tightening around AVAX's price action, a pattern that typically hints at an impending move. But the direction isn't clear yet. What is clear: volume has been falling, which means fewer traders are stepping in to buy or sell. That lack of conviction often lets the price drift toward the lower band. With all three moving averages — the 20-day, 50-day, and 200-day — stacked above the current price, the short-term trend is firmly bearish.
Support zone at $6.31–$6.40
Analysts tracking the token see the $6.31–$6.40 area as the next key floor. That zone has held before, and it's where buyers might step in. But the base case prediction for the next 7 to 14 days is that AVAX will test that range. If it fails to hold, the next stop could be lower. The bears are already calling for $6.31 as their target, and they're watching for a break below that level to confirm further downside.
Bears' target and the next move
The bearish case is straightforward: with moving averages acting as resistance and volume drying up, there's little to stop the price from sliding into the support zone. A break below $6.31 would open the door to deeper losses. But a bounce from that area could catch short-sellers off guard. The question now is whether the $6.31–$6.40 range will hold or give way. That answer should come within the next two weeks as volume picks up or the price breaks decisively.
