Avalanche (AVAX) is displaying early indications of a potential shift in its momentum after surging past a critical descending trendline, capturing the interest of investors who are observing its short-term price dynamics.
This development occurs as Avalanche aims to consolidate within a historically critical price band, which has historically elicited considerable market reactions.
At the time of writing, AVAX is trading at $8.70, with a 24-hour trading volume of $453.29 million and a market capitalization of $3.74 billion, according to CoinMarketCap. The token is down 0.04% over the past 24 hours, indicating that selling pressure remains present despite the recent technical development.
On February 11th, 2026, crypto analyst Alpha Crypto Signal highlighted that the AVAX price was breaking above a descending trendline that had been dictating price action over the past few weeks.
The previous trendline was characterized by a series of lower highs and lower lows, indicating an ongoing bearish trend. A break above the trendline could potentially mark the first sign of a change in the trend’s direction.
However, the setup remains precarious. For the breakout to be sustained, AVAX-USD needs to stay above the old trendline and successfully test it as a support level. If it does, the price may try to rise towards the 50-day moving average and a previously identified supply zone.
A failure to hold this level will weaken the bullish argument, implying that the overall downtrend is still in place, with buyers expected to be defending this level closely.
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Supporting this argument, another analyst, CryptoELlTES, pointed out that the AVAX token has been experiencing rejection at its downtrend resistance while the price continues to trade within a known range.
The $8-$9 range has been a high-reaction zone for the token in the past, and the price is currently trading within the range again.
If this range is sustained, AVAX might try to make another bid towards the downtrend line. In such a case, the possibility of a structural shift would rise.
On the other hand, if the asset breaks through this range decisively, the current bear market might continue. Until then, the range of $8 to $9 is the key area that is affecting the short-term trend of Avalanche.
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