$AVAX

💠 #AvalancheAVAX Update — June 21, 2025

📉 Market Snapshot

Current Price: $17.14 (−2.7%)

24 h Range: $17.03 – $17.64

Price is down ~16% from last week’s ~$20.50–$22 zone .

📊 Technical Setup

$AVAX recently broke a falling-wedge—a classic bullish reversal pattern—with potential reversal to ~$20–$22 if confirmed .

Weekly indicators (RSI) showing oversold conditions (~27) suggesting a possible rebound .

Key support lies in the $17–$17.30 area; resistance sits around $20–$22 .

🏛️ Adoption & Institutional Outlook

AVAX backed by rising institutional momentum—Avalanche/#FIFA partnership, growing real-world-asset (#RWA ) adoption .

Momentum signals point to accumulation ranges between $19.50–$21, with breakout target at $24.80 .

🧭 My Strategy: Accumulating the Dip

AVAX is currently navigating the $17 level—a prime accumulation zone. I'm buying more as the price declines, planning to hold through the technical setup and potential breakout above $20–$22. The trajectory aligns with institutional trends and on-chain strength. Lower prices mean better cost basis—ready for reversal.