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$AVAX Dodo Dodo
AVAX short-term stabilization near the middle Bollinger Band, KDJ indicator turning upward, trading volume gradually increasing, bulls are gradually regaining ground, and a continued rebound is expected in the short term.
Japan's largest ST platform Progmat has transferred $2 billion worth of assets to Avalanche. With this institutional backing, it's hard for the price not to stay strong.
Technical analysis on the 4-hour chart: Effective support at the middle Bollinger Band, KDJ shows a golden cross at the low, bullish momentum gradually releasing.
First target 9.77
Second target 10.81
Stop-loss target 8.65$AVAX