AVGO: Recovery Mode ActivatedAVGOUSDTPERP PERPETUAL MIX CONTRACTBITGET:AVGOUSDT.Pledora037The sharp selloff earlier this month left many traders questioning whether AVGO's rally was over. Since then, price has quietly started rebuilding its structure. On the 4H chart, buyers continue defending the rising trendline while reclaiming the $400 area. More importantly, AVGO is beginning to print higher lows after the correction, a sign that selling pressure may be fading. The next area on my radar is the Fair Value Gap around $430–450. If momentum continues and current support holds, that imbalance could become the next destination. Fundamentally, Broadcom recently increased its debt tender offer cap from $2.5B to $3B, signaling continued balance sheet optimization and financial flexibility. While not a major price catalyst by itself, it adds another layer of confidence as the company continues to strengthen its financial position. What I'm watching: > Trendline support remains intact > $400 acting as a key reclaim zone > Higher lows continue to develop > FVG at $430-450 remains the primary upside target The panic phase appears to be behind us. Now it's about whether buyers can turn this recovery into a sustained move higher. Broadcom raises debt tender offer cap to $3B, reinforcing balance sheet strength while AVGO rebuilds structure after its recent correction.