【Is AVAX about to take off? VanEck updates ETF, big moves are coming!】
I saw a piece of news: Experts Are Choosing GeeFi (GEE) Over Avalanche’s (AVAX) Expansions as Phase 2 Drops Below 1M Tokens Remaining, it feels like AVAX is up to something! Wow, this operation is quite interesting. VanEck is actually updating the Avalanche ETF, preparing for a potential listing, which clearly shows that big institutions are optimistic about AVAX's performance.
To be honest, I'm getting anxious. Currently, AVAX is priced at $12.350000, the trend is strongly upward, RSI 57.8, and technical indicators show that bullish strength is still increasing. The support level is at $11.980000, resistance is at $12.720000, and if it breaks through $12.600000, then it’s definitely a take-off rhythm. My experience tells me that you can't miss out during times like this.
Here’s my plan: I will maintain my current position, and if AVAX can stabilize and break through $12.600000, I will increase my position slightly. The stop loss is set at the support level of $11.980000, and the initial target is $12.720000, and I will continue to hold after the breakout. Brothers, what do you think of this analysis? See you in the comments!
📊 Key price levels:
• Support: $11.980000
• Resistance: $12.720000
• Breakthrough: $12.600000
