Avalanche (AVAX) latest developments in physical asset tokenization have attracted market attention. As a trader, I have been optimistic about this trend, but recently I noticed that many seasoned traders are shifting their focus to funding activities of other emerging projects, which is quite surprising.



From a technical perspective, AVAX's current performance remains relatively stable. The current price is around $12.46, with bullish momentum prevailing. The RSI indicator shows 50.1, indicating a balanced overall trend. Support levels are steady at $12.09, resistance is at $12.83, and the key breakout point is at $12.71.

If AVAX can effectively break through the $12.71 level, it is very likely to see a rally. However, this is also why many traders are currently staying on the sidelines—they are waiting for confirmation of this breakout.

From a trading strategy standpoint, my approach is: first, establish a small position around $12.46, set a stop-loss at $12.09, and initially target $12.83. Once AVAX breaks through $12.71, I will consider adding to the position depending on volume. But honestly, seeing those big players focus on funding other projects makes me wonder if there are market opportunities I haven't fully understood yet.

**Key Price Levels at a Glance:**
• Support: $12.09
• Resistance: $12.83
• Key Breakout Point: $12.71

What do you all think about this level? Has anyone noticed other promising directions in the current market? Feel free to share your thoughts.
AVAX0,55%
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PretendingSeriousvip
· 12-27 12:49
Wait a minute, are all the big shots going to check out new projects? Is it that they’re not interested in AVAX or am I behind on the information? Life is like a play, it all depends on acting. Although my account name is "Pretending to be Serious," I really can't hold back on AVAX at this key point of $12.71. I still feel like the breakthrough scene hasn't finished yet.
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ForkMongervip
· 12-27 12:44
nah the real tell here isn't the technicals... it's that everyone's suddenly chasing shitcoins while avax sits here looking clean. smells like governance vulnerability nobody's pricing in yet
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WalletDoomsDayvip
· 12-27 12:30
Wait a minute, are all the big players rushing to check out the funding? Is AVAX being neglected like this? That's interesting. But honestly, whether the 12.71 point breaks or not really depends on luck, and RSI 50 is way too neutral. The market right now feels uninspired, everyone is just waiting for the next big trend.
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StableNomadvip
· 12-27 12:24
ngl the $12.71 breakout sounds like every other "key level" i've been baited by... statistically speaking we hit these like three times before actual movement happens, reminds me of UST in May when everyone was hyped on "critical support"
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