š $AVAX ā Institutional Momentum Building
Avalanche is showing serious strength as it consolidates above key support at $23.00. With RSI at 60, MACD bullish crossover confirmed, and price holding above the 50-day EMA, AVAX is preparing for a breakout.
š Fibonacci resistance sits at $26.50 ā a flip here could open the path to $33+.
š¼ Ecosystem Catalyst: ETF approval odds now at 90%. Combined with Mastercard and SMBC partnerships, AVAX is becoming a go-to Layer 1 for institutional-grade DeFi.
š Volume remains steady, signaling sustained interest from both retail and institutional traders.