AVAX Trade Setup: Momentum Recovery in Play

AVAX just printed a textbook bounce off oversold RSI on the 4H chart—then reclaimed mid-range support with rising volume.

Price is now compressing beneath resistance ($20.60), sitting atop the 50-MA and forming a tight consolidation zone. RSI’s climbing, volume’s ticking up, and structure favors a breakout toward the $22.00 range.

Bias: Bullish

Entry Zone: $20.00–$20.60

Target: $22.00

Invalidation: Below $19.60

This is a momentum reclaim + structure squeeze—classic fuel for smart money rotation. Watch for confirmation via candle body close above $20.60 with volume.

Stay detached. Trade the setup, not the hope.

Tags: #AVAX #CryptoTrade #RSI #4HSetup #MomentumPlay #SmartMoney #BinanceSquare