Avalanche makes strategic moves in the Middle East and sees TVL growth, contrasting with current "Extreme Fear" price action.
What's Happening:
Price dips to $11.76 amid market-wide sell-off
Spark's TVL on Avalanche hits $210M, showing DeFi strength
Major partnership announcements at Abu Dhabi Finance Week
Network active addresses consistently growing
Why It Matters: The MENA expansion and institutional adoption stories (Abu Dhabi) are long-term bullish drivers that aren't yet reflected in the price. Fundamental growth is diverging from price performance.
Technical View: $AVAX is in a corrective phase. $11.50 is the next major support level. A breakdown below this could see single digits ($9-$10). Bulls need to reclaim $13 to stabilize.
🎯 Key Levels:
Support: $11.50 | Resistance: $13.00
24h Range: $11.70 - $12.20
💡 Adoption happens slowly, then all at once
What's your take? Drop a 🔥 for bullish, ❄️ for bearish 👇
#Avalanche #AVAX #DeFi #CryptoAdoption #Web3
Disclaimer: This content is for educational purposes only and should not be considered financial advice. Always do your own research (DYOR) before making any investment decisions.
