AVAXUSDT Three board members, including Omer Demirel, Aytunç Yildizli, and Vikram Nagrani, have formally resigned from the boards of the Avalanche Foundation and its subsidiaries earlier this week. Omer stated that this collective voluntary resignation was a "well-considered" decision, and they will continue to focus on the development of the Avalanche ecosystem in the future.
AVAXUSDTAVAXUSD on the 1W timeframe is at a crucial decision point, testing the $22 support level, a historically strong bounce zone. Wick rejections indicate buying interest, but price remains within range, leaving the possibility of a breakdown. If $22 holds, a long setup targeting $38 offers a favorable 1:3 risk-to-reward ratio, with confirmation coming from a swing high formation and a breakout. If support fails, the next major downside target is $10, a key accumulation zone. This setup presents both bullish and bearish scenarios, making $22 a critical level to watch. tradingview.com/x/yjH0QirL/