AVAX token and Meta shares see persistent bearish technical trends

Technical analysis shows Avalanche (AVAX) continuing a strong downtrend. Price has fallen about 45% in 2026, with indicators such as SMA50, MACD and Aroon pointing lower. The token recently tested a short‑term support around $9‑$9.5 before dropping to a yearly low of $6.22, and faces resistance near $8.25 and $10.50.

Meta Platforms stock is also trading in a pronounced bearish pattern, hovering around $585 and sitting below the EMA20, EMA50 and EMA200 levels. The daily RSI is near 40 and the MACD remains negative, indicating continued selling pressure. Pivot points place immediate support at $579 and resistance at $592, while hourly charts show momentum at its low with RSI entering the oversold zone.

Both assets exhibit structural weakness across multiple time‑frames, suggesting that unless new catalysts emerge, further downside pressure is likely.