Avax testing breakout

Avax has been heavily rejected on this fib with a few fakeouts already. After the emissions yesterday I expected the token to drop more but the dip was bought pretty aggressively. I noted a contracting RSI, I think we are about to see a big move like we saw a few months ago. If this fib can be flipped to support 23.51$ is soon and and then 28$ which was my medium term target to begin with. I added a local demand since the token is ranging. I am net long spot.