AVAX has made a stunning recovery post 3ac meltdown, having reclaimed its pre-3AC price.
We're long AVAX/SOL pair, it's reclaimed a critical level and looks ready to enter price discovery.
Recent bad news surrounding SOL with the hack will put a ceiling on SOL for the coming weeks with likely rotations from SOL -> AVAX in the high tps chain space.
Tight stop at 0.64, target profit range at 0.70 targeting the mid-range fib level between range lows and luna reclaim.
We're long AVAX/SOL pair, it's reclaimed a critical level and looks ready to enter price discovery.
Recent bad news surrounding SOL with the hack will put a ceiling on SOL for the coming weeks with likely rotations from SOL -> AVAX in the high tps chain space.
Tight stop at 0.64, target profit range at 0.70 targeting the mid-range fib level between range lows and luna reclaim.