๐ฅ ๐๐ฉ๐ ๐ฆ๐ผ๐ฎ๐ฟ๐ ๐ฎ๐ฌ% ๐ฎ๐ณ๐๐ฒ๐ฟ ๐๐๐ฎ๐น๐ผ๐ป ๐๐๐ฟ๐ป๐ ๐ด๐ฌ๐ ๐ง๐ผ๐ธ๐ฒ๐ป๐
โซ๏ธ Avalon Labs has just burned 80M $AVL tokens โ nearly 44% of circulating supply โ sending price surging over 20% to $0.23.
โซ๏ธ The burn mainly came from unclaimed tokens from the March 2024 airdrop, aiming to boost token scarcity and market value.
โซ๏ธ This move follows strategic backing from YZi Labs and a Binance Alpha listing earlier this year.
โก๏ธ Bullish momentum building: AVL broke above a key triangle pattern, eyeing targets at $0.30, then $0.44, with a big resistance wall near $0.75.
โซ๏ธ RSI & MACD suggest early signs of a potential rally โ but a strong close above $0.23 is key for continuation.
๐ Downside risk: If bulls fail, supports lie at $0.18 and $0.13.
๐ Is AVL on the path to $1? Traders are watching closely.
