Is Avalanche (AVAX) Price Laying the Foundation for Its Next Rally? Key Levels to Watch

AVAX is holding up better than much of the crypto market. Avalanche price trades around $27.27 after a run that briefly lifted it above $33 while many other coins slipped. A post on X(Formerly Twitter) from SeniorDeFi points to a mix of institutional buying, stronger on-chain activity, and an encouraging chart setup as signs that AVAX could be preparing for another move.