In the latest market developments, AVAX token price has shown strong upward trends, successfully breaching the key resistance level of $30, and is currently stabilizing at $30.01. However, investors should closely monitor market movements as, like many cryptocurrencies, AVAX experienced a daily drop of 1.32%. This highlights that market volatility remains high. In such a market environment, adopting appropriate risk management strategies is particularly important to safeguard your investment portfolio against potential losses.