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AVAX Takes a 7% Nosedive—Then Hits a Brick Wall at $22.35

AVAX Takes a 7% Nosedive—Then Hits a Brick Wall at $22.35

Coindesk
Author:
Coindesk
Release Time:
2025-05-30 16:14:41
0

AVAX Slides 7% Before Establishing Strong Resistance at $22.35 Level

Avalanche’s token got smacked with a 7% sell-off today—only to find its floor at the $22.35 resistance level. Traders watched the charts like hawks (or more accurately, like over-caffeinated degens).

Resistance holds—for now. The question is whether this is a temporary pitstop or the start of a longer consolidation. Either way, the market’s mood swings faster than a crypto influencer’s convictions.

Funny how ’strong fundamentals’ never seem to matter when BTC decides to throw a tantrum. Welcome to crypto—where technicals trump logic until they don’t.

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