The heat of the Avalanche ecosystem continues to rise, with frequent news about pre-sale projects recently emerging, and many people are beginning to focus on this round of potential opportunities. Currently, the AVAX price remains around $12.600000, showing a volatile trend, with an RSI indicator at 48.4, indicating that the buying and selling forces are still testing each other.
From a technical perspective, these news could indeed attract new funds into the market. After all, Avalanche as an ecosystem, once the projects within it gain popularity, usually boosts overall attention. However, the market is ever-changing, and those who operate prudently tend to make more profit.
The key technical points are as follows: support is at $12.220000 below, resistance is at $12.980000 above, and the breakout level is at $12.850000. Based on these levels, my approach is this — if AVAX can hold its current price without breaking down, moderate position increase can be considered, with a position control of about 30% being safer; if it breaks below $12.220000 support, stop-loss immediately to protect capital; conversely, if the price breaks through $12.850000, just hold on, and the subsequent target can be around the $13.500000 range.
Overall, opportunities are always there, but risk control is always the top priority. Everyone’s risk tolerance is different, so operations should be based on their own situation.
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SchrodingerWallet
· 11h ago
Risk control—no matter how many people talk about it, you still have to lose money to truly understand it.
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Blockchainiac
· 11h ago
It's both presale and ecosystem hype again, sounds just like last year's story.
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ZKProofEnthusiast
· 12h ago
Risk control was well explained, but with AVAX currently in a consolidation phase, a 30% position might still be a bit conservative.
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Anon4461
· 12h ago
The risk control part is well explained, but to be honest, I don't dare to chase at the 12.8 level right now. It feels like the hype for this round of pre-sales has been a bit overblown.
The heat of the Avalanche ecosystem continues to rise, with frequent news about pre-sale projects recently emerging, and many people are beginning to focus on this round of potential opportunities. Currently, the AVAX price remains around $12.600000, showing a volatile trend, with an RSI indicator at 48.4, indicating that the buying and selling forces are still testing each other.
From a technical perspective, these news could indeed attract new funds into the market. After all, Avalanche as an ecosystem, once the projects within it gain popularity, usually boosts overall attention. However, the market is ever-changing, and those who operate prudently tend to make more profit.
The key technical points are as follows: support is at $12.220000 below, resistance is at $12.980000 above, and the breakout level is at $12.850000. Based on these levels, my approach is this — if AVAX can hold its current price without breaking down, moderate position increase can be considered, with a position control of about 30% being safer; if it breaks below $12.220000 support, stop-loss immediately to protect capital; conversely, if the price breaks through $12.850000, just hold on, and the subsequent target can be around the $13.500000 range.
Overall, opportunities are always there, but risk control is always the top priority. Everyone’s risk tolerance is different, so operations should be based on their own situation.