🚀 $AVAX Faces Key Moments — Will It Breakout?

💰 Price: $23.56

📉 24H Range: $23.11 – $24.57

📊 Volume: $447M+

🏦 Market Cap: ~$9.9B

📆 7D Change: –1.2%

🪙 Circulating Supply: 422M AVAX

🔥 Key Insight:

AVAX is testing critical resistance near $27. A breakout here could ignite a strong rally toward $36–38. Meanwhile, the coin has formed a bullish double bottom pattern signaling potential upside.

🧠 My Take:

With institutional interest heating up — including BlackRock’s $240M stake and ETF approval optimism — AVAX could see significant momentum if it holds current support levels. Watch the upcoming token unlocks on August 15 for possible volatility spikes.

⚠️ Support Level: $23.00 — maintaining this is crucial.

🎯 Targets:

Short-term: $25 – $27

Long-term: $36 – $38+

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