I recently came across an interesting perspective — when certain new projects see a surge in pre-sale popularity, mainstream cryptocurrencies tend to enter consolidation. AVAX is currently in such a situation: the price is stuck around $14.53, with the bulls still holding an advantage (RSI reading 55.5), but overall it seems somewhat weak.

From a technical standpoint, AVAX's support level is set at $14.09, with resistance at $14.97, a range that has been repeatedly confirmed. What’s truly worth paying attention to is the $14.82 level — if it can be effectively broken and stabilized, there may be a challenge towards $15.50. Conversely, if the price falls below the $14.09 support, a risk signal is triggered.

My trading approach is as follows: currently, I will stay on the sidelines and maintain my existing position. Once I see a clear breakout above $14.82, I will consider adding to my position, targeting $15.50. But there’s a key premise — if the support at $14.09 is broken, I will stop loss immediately. After all, there are no perfect markets, only comprehensive risk management.

Whether this market trend will develop depends mainly on the strength of the breakout and the trading volume. Sometimes, even with great data, without volume support, it’s all for nothing. What are your thoughts on AVAX’s future?