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AVAX is staging a fierce counter-attack, surging nearly 11% to $AVAX 8.80 fueled by major news: NYSE settling tokenized stocks on Avalanche. The daily chart shows a massive bullish engulfing candle slicing through the MA10, signaling that buyers are aggressively defending the $7.75 bottom. If volume sustains this breakout, we are looking at a swift recovery toward the $9.50 resistance.
Will this institutional adoption be enough to reclaim the $10 psychological level this week?
