$AVAX got $300M of good news and still slipped — that says plenty.
SkyBridge will tokenise $300M of funds on Avalanche (1 Nov), yet Finnhub just now has $AVAX at $8.50, down 2.90%, off an $8.448 low. Taker selling ran 1.7x buys this morning, per Blockchain.News.
I'm leaning cautious: ignored good news means sellers are still in charge. Hold $8.448 and $8.764 is back in play; lose it and $8.00 is next. Bounce or break at $8.448 for $AVAX?
Not financial advice. DYOR.
#AVAX #Avalanche #Tokenization
SkyBridge will tokenise $300M of funds on Avalanche (1 Nov), yet Finnhub just now has $AVAX at $8.50, down 2.90%, off an $8.448 low. Taker selling ran 1.7x buys this morning, per Blockchain.News.
I'm leaning cautious: ignored good news means sellers are still in charge. Hold $8.448 and $8.764 is back in play; lose it and $8.00 is next. Bounce or break at $8.448 for $AVAX?
Not financial advice. DYOR.
#AVAX #Avalanche #Tokenization
