Time Frame: 4H | Exchange: Binance Price is bouncing off substantial support at the level of 19.5–19.7. Indicators are signaling a possible attempt to recover 👇
📍 Current price: ~19.75 🟢 Entry zone: 19.3–$19.7 🔻 Stop: 18.6 (below the local minimum and the volume cluster on VPVR) 🎯 Targets: 1️⃣ 21.1 2️⃣ 22.3 3️⃣ 23.5 (if the impulse continues) 📊 Indicators: ✅ TSI — slowdown in decline, forming a base ✅ DMI — convergence of lines, possible signal for a direction change ✅ %R — oversold, historically provides bounces from current levels
💡 The scenario is relevant if staying above 19.3 and maintaining the zone of substantial consolidation. Can accumulate in parts with strict risk control.
#AVAX #crypto #altcoins #Binance #longsetup 📈🚀
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