$AVAX OVERSOLD BOUNCE IN PROGRESS ❗ $AVAX just bounced off a key support level at $18.46 after a heavy sell-off, showing early signs of recovery on the 4H chart. Buyers are cautiously returning, and the order book is leaning slightly bullish again.
📊 Trade Setup (4H Chart):
• Entry Zone: $18.90 – $19.10
• Take Profit 1: $20.05
• Take Profit 2: $21.30
• Stop Loss: $18.35
With the RSI likely cooling off and price printing a potential reversal candle, this could be a good bounce opportunity but confirmation above $19.50 is key for continuation.