Usman Salis
⬤ Avalanche (AVAX) is back at a critical price level that has market watchers on edge. The token has stabilized in the mid-teens after getting hammered from its cycle peak, and opinion is split on what comes next. Some analysts argue AVAX remains undervalued despite its earlier surge, while others worry about continued weakness. Right now, AVAX is hovering around $14-15 following intense selling pressure that hit hard in late 2024.
⬤ Here's the bigger picture: despite recent struggles, Avalanche delivered impressive gains earlier in the cycle—roughly a 7x move from its lows. Long-term holders who bought during the 2022 bear market are still sitting on solid profits even after the pullback. The current chart shows a clear "make or break" zone with two paths forward: either a breakout rally or a deeper slide into single-digit territory. This price range has historically been where smart money looks for long-term entries rather than quick flips.
⬤ AVAX remains far below its recent $37 high, and what happens next depends on whether it can defend current support levels and rebuild upward momentum. The setup matters because Avalanche is still a major player in the layer-one blockchain space, and its price action influences sentiment across similar projects. The token stands at a decisive technical point where the next move could shape how traders view it for the rest of this market cycle.
Usman Salis
