Technical analysis by Quant_Trading_Pro about Symbol AVAX on 8/10/2025

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+.