Avalanche Surges Amid POSCO Partnership
Avalanche's price has been showing resilience near $7.80 after collaborating with POSCO, a major South Korean steelmaker.
The cryptocurrency is currently trading at around $7.39, with support levels seen at $6.754 and $7.254.
Notably, the open position size has surpassed $300 million, indicating increased volatility risk in the market.