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Avalanche's AVAX Token Pulls Back to $7.20 Amid Growing Institutional Interest

Guavy AI Editorial Team
Instruments
AVAX
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Avalanche's AVAX token has pulled back to $7.20 after breaking out of a triangle pattern and surging to $8.30, according to Pluang.

The price remains above key moving averages, indicating some bullish strength, while the RSI indicates moderate momentum.

Traders are watching if AVAX can hold above support and reclaim $8.30 to resume upward momentum or risk a deeper correction if it falls below $6.50.

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