$AVAX Quick Update: Still in the Red? 🚀
Hey crypto crew! Avalanche (AVAX) is currently trading at ≈ $9.25 USDT on Binance (-2-3% in the last 24h). Correction ongoing with macro pressure and liquidations hitting alts hard.
Quick TA 📉
Short-term bearish (RSI ~38-40, MACD negative, MAs selling). Support: $9.00–$9.15 (recent lows). Resistance: $9.50–$9.75. Cautious – sell rallies until we hold higher lows.
Fundamentals 💪
Avalanche shines: ultra-fast subnets, low fees, high throughput for DeFi, gaming, institutions. Strong ecosystem with scaling tech. Market cap ~$4B (#25-ish), solid adoption – dip is market-wide, not AVAX-specific.
Projections 📈
Short-term: Range $9–$9.50 likely.
Medium-term (2026): $15–$25+ if bullish cycle kicks in. Long-term: big upside from scalability edge!
Price Poll – What's your AVAX price target for end of 2026? (numeric vote)
$10–$15
$15–$20
$20–$30
$30+ 🚀
Vote with a number reply (e.g., "20") & share your thoughts! 🔥
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