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AVAX price pulls back to $7.20 after breakout; key support at $6.50–$7.00 watched closely

Technical Signals
18 Sep 2026
Blockonomi
View Source
Neutral
AVAX price pulls back to $7.20 after breakout; key support at $6.50–$7.00 watched closely

Avalanche's AVAX token surged to $8.30 after breaking out of a triangle pattern but has since pulled back to around $7.20, putting the $6.50–$7.00 support zone in focus. The price remains above key moving averages, signaling some bullish strength, while the RSI indicates moderate momentum. Institutional interest grows as Janus Henderson becomes a validator on the Avalanche network, supporting its blockchain security and on-chain finance efforts. Traders are watching if AVAX can hold above support and reclaim $8.30 to resume upward momentum or risk a deeper correction if it falls below $6.50.

Avalanche's market cap stands at Rp62.32 trillion as of Sep 18, 2026, 17:02 WIB, with a 24-hour trading volume of Rp6.83 trillion on Pluang. The AVAX token is currently priced at Rp140,800, showing a 1-day gain of 5.54%, while the platform records a typical hold time of 86 days. Sell orders dominate slightly at 58%, indicating cautious trading activity around this key support level.

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