The crypto asset Avalanche (AVAX) is currently approaching a critical support point on the weekly chart. This support level coincides with important Fibonacci retracement zones and has historically influenced price movements. If the price remains stable at this level, it could lead to a significant bounce towards higher price levels. The resistance levels to watch are $30.70, $43.84, $58.06, and $80.03. A weekly close above $30 may trigger further gains and reinforce bullish sentiment. The medium-term targets for AVAX are $43.84, $58.06, and $80.03.



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