AVAX/USDT: Bullish Reversal at MA Support & Daily OversoldAVAX / TetherUS PERPETUAL CONTRACTBINANCE:AVAXUSDT.PInnotrade_AJHello traders, Today's analysis focuses on a high-probability long setup for AVAX/USDT on the 4H timeframe. The price has pulled back to a critical area where a confluence of powerful technical indicators suggests a significant bounce or reversal is imminent. 1. Trend & Context (The "Why") Following a strong uptrend, AVAX entered a corrective phase, marked by a Bearish Change of Character (ChoCh). This correction has now brought the price to an A+ support zone. Here are the key confluences for this bullish setup: Major Support Cluster: The price is currently reacting to a critical support cluster formed by the EMA 200 and EMA 400. These long-term moving averages are major levels where institutions often step in to buy. Momentum Exhaustion (MC Orderflow): The Innotrade MC Orderflow oscillator provides the critical confirmation that selling pressure is exhausted: The oscillator is deep in the OVERSOLD territory on the 4H chart. THE CRITICAL MTF CONFLUENCE: The Multi-Timeframe Cycle Table is the most important factor here. It shows that both the 4H and Daily timeframes are "Oversold". This alignment of higher timeframe momentum at a key technical support level is a very powerful signal for a reversal. 2. Entry, Stop Loss, and Targets (The "How") The alignment of these factors gives us a clear and actionable trade plan with a great risk-to-reward profile. Entry: An entry around the current price ($21.50 - $22.10) is ideal, as we are right at the MA support cluster. Stop Loss (SL): $21.20. This places the stop loss safely below the EMA 400 and the recent swing low, providing a clear invalidation point for the setup. Take Profit (TP) Targets: TP1: $24.00 (Targeting the Bearish ChoCh level and the cluster of short-term EMAs). TP2: $26.50 (The next major swing high, a logical area of resistance). TP3: $27.40 (The major high of the entire range, a longer-term target if the uptrend resumes). Conclusion This trade setup is of very high quality due to the powerful confluence of a major MA support cluster with a confirmed multi-timeframe momentum exhaustion signal (4H and Daily). This synergy creates a high-probability environment for a significant bullish reversal. Disclaimer: This is not financial advice. This analysis is for educational purposes only. Always conduct your own research and manage your risk appropriately.