Travala (AVA) has seen a remarkable 300% price surge, following an announcement from Binance CEO CZ about Binance’s early investment in the platform, along with the company’s impressive $100 million annual revenue. This sparked increased market interest.

However, AVA's momentum is faltering. The Relative Strength Index (RSI) soared to 96, indicating overbought conditions, but has now cooled to 47.8, signaling a drop in buying pressure and a shift to a neutral market zone.

The Average Directional Index (ADX) for AVA, although still reflecting a strong trend at 39.5, has dropped from 57, suggesting a weakening momentum and potential market shifts ahead.

If bearish trends continue, AVA might test support at $1.56, with the risk of declines to $0.81 or $0.62. However, a rebound could see AVA reach $3.50.