📌 Long setup for $AVAX
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 📈🚀