They want AVAX to look weak down here

Everyone’s staring at the recent drop like it’s collapse. I see rotation into discount. AVAX is tagging the 0.786 retracement (17.27) — the same level that Smart Money builds into before it reclaims value.

Breakdown of the move:

The range top at 26.86 marked the premium; we’ve now delivered deep into the 0.786

No displacement through the previous swing low — yet

Structure remains intact if 14.66 holds — anything above that is deliberate discount rebalancing, not failure

This is where liquidity collects before decisions are made.

Execution lens:

Accumulation zone: 17.27–14.66

If bulls defend this pocket, 20.76 (0.5 fib) is the first draw, then 22.20

Final delivery window sits between 22.20–23.98 — where late buyers chase

AVAX doesn’t need a narrative. Price is the narrative.
Watch this base. And if it holds — don’t act surprised when it’s 20+.
For more setups that map where, not when — check the profile description.