Avantis (AVNT), a new basic-specific token, is only a week after the transaction, and is already testing the investor’s nerves. After a rapid rise to $1.54 on September 15, the token has pulled back 15.6% in the last 24 hours, and now holds nearly $1.13.
The exchange influx will create volatility as it suggests large sales pressures likely linked to the 12.5% ​​airdrop that was unlocked at the time of its release on September 9th. It also shows that one group absorbs the token and sets a tug of war between the early sellers and the so-called “mega whales.”
Buyers and sellers are tug-of-war, but RSI shows that pressure is weakened
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On past days, exchange balances jumped to AVNTs with 46.5 million, boosting AVNTs with a total of 1561 million (nearly $119 million at $1.13). That 78.6% is rising to big sales, possibly as airdrop recipients move their tokens to the exchange and make profits.
On the other side, total purchase pressure, including top 100 megawallets, standard whales and public figure wallets, absorbed roughly the same amount.
Top 100 wallets: Added 49.7 million AVNTs (+5.3%) and 980.8 million AVNTs. Standard Whale: 13,700 AVNT (+1.3%) added. Public figures wallet: 126,800 AVNT (+7.1%) added.
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Together, these groups accumulated about 49.9 million AVNTs ($56.4 million). In contrast, the smart money wallet reduced exposure by 316,000 AVNT ($0.36 million) and found fewer convictions on short-term rebounds.
This collision formed a one-hour chart. AVNT prices first achieved a higher price, but produced a lower highest RSI (relative strength index that measures momentum by comparing profits and losses). Usually, it shows that it weakens the strength of the trend, and in fact the AVNT was soaked.
However, thanks to whale absorption, the correction remained restrained – the token was held in range rather than collapsed.
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Now, a new, hidden, bullish divergence of RSI has appeared. RSI is making low prices while prices are forming higher low prices. This setup often indicates weaker sales pressure. This fits a picture of air drop sellers getting exhausted while the whales continue to buy.
Net Effect: While sales still outweigh paper buying ($119 million vs. $56 million), RSI suggests that momentum may already be changing, giving whales the opportunity to change the tide.
Zoom out: The Bulls are still in control, but $1.25 is the AVNT pricer
Looking at the 4-hour chart, we look at the short history of AVNT. The Bulls have controlled a wider upward trend despite a 15% drop, but their grip has weakened. Bull Bear power indicators, indicating whether the buyer or seller is controlling momentum, have begun to flatten.
For now, the level to monitor AVNT prices is $1.25. A clean 4-hour end above this level checks for updated strength and potentially sets a retest of $1.49 or more. If sales pressure is eased, a price could push towards that breakout if an address is postponed to the top 100 absorbing supplies.
On the downside, drops below $1.04 will disable bullish setups and open the door to deeper fixes, especially if exchange influx continues. If that support breaks, the AVNT price could go towards $0.85 and $0.70, making the overall structure bearish.
For AVNT, the next 24 hours is important. Whether Mega Whale Defense can outweigh airdrop-driven sales will determine whether the token will steady and collect $1.25 or slide further.
