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Recently, I've seen some discussions about Avalanche and other public chains competing for market dominance, and I have some thoughts to share. AVAX is currently around $12.530000, with a clear bullish momentum. The RSI indicator shows 52.0, indicating there is still room for further upward movement.
From market expectations, if Avalanche can truly reach the "best" position, the potential for subsequent gains is quite significant. The key is whether it can hold certain technical levels. Currently, support is at $12.150000, resistance at $12.910000, and the most critical breakout point is $12.780000—if the price can stabilize at this level, a stronger rally may follow.
My trading approach is as follows: I already hold AVAX positions and plan to gradually increase around $12.780000. Once it breaks through this level and confirms stability, I will continue to hold or add to my position; but if it falls below the support at $12.150000, I will cut losses immediately. Market risks always exist, and diversification is the key to long-term survival.
What do you think about this level? Does anyone have any thoughts?