BYBIT:AVAXUSDT.P   AVAXUSDT Perpetual Contract
AVAX pumped and hit the 2.618 level perfectly, and retraced back down to the 1.618 fib level. Also as you can see a strong support has been formed (white line accross the graph) and it almost lines up perfectly with the support trend line, giving more conformation of support levels.

Support is around $31.115 and that would be my entry, with a tight stop loss incase the support breaks.




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