AVAX is holding above short-term ascending support after rebounding from the 0.5–0.618 Fibonacci retracement zone. The highlighted golden pocket aligns with a prior demand zone, adding confluence for bulls. A break below $22 could open the door to deeper retracement toward the 0.786 level at $19.23, while holding here could set up another push toward $25+.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.