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?
AVAX-1,82%
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LayerZeroHerovip
· 8h ago
The 12.78 level is indeed worth paying attention to. The fact proves that breaking through the key resistance level is the real signal... But honestly, what I care about most is whether Avalanche's cross-chain interoperability can truly be implemented. Purely speculating on technical aspects feels a bit empty.
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ProbablyNothingvip
· 8h ago
Breaking through the 12.78 level would be really awkward, and then we'll have to go back to the old routine --- AVAX bullish momentum? Forget it, it feels like being repeatedly cut off --- Setting stop-loss at 12.15, this guy is quite cautious --- Every time I see this kind of technical analysis, I think of the last time I got trapped, better to forget it --- Wow, adding to the position directly, is this overconfidence or gambler's psychology at play? --- RSI at 52, what's the point of looking at this level? It’s only reliable after hitting the bottom --- Those who hold firmly are making a fortune, those who are indecisive are regretting, understand? --- Great imagination indeed, but what if the imagination falls flat, haha --- Support and resistance levels, all that stuff, in the end, it still depends on how the big players manipulate --- The most reliable phrase is to diversify risk; I don't really believe in the others
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FlashLoanLarryvip
· 8h ago
nah the $12.78 breakout thesis is giving premature optimization vibes... basis points matter but protocol dynamics matter more, fr
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Tokenomics911vip
· 8h ago
$12.78 Is that key point really so sacred? It feels like every day someone says this is the "last chance." Wait, do you guys think AVAX's recent rally is a bit fake? Setting the stop-loss so high, you really have guts.
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MondayYoloFridayCryvip
· 8h ago
Is 12.78 really that sacred? It seems like every time someone says a certain price level is the critical point, and then once it's broken through, they look for the next one.
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