$AVGO — Coiled Setup While Everyone’s “Seeing All Red”

AVGO — Coiled Setup While Everyone’s “Seeing All Red”

Market sentiment is red, but AVGO is quietly forming a compressed reversal structure.

Key Levels & Structure

Demand base: 375–376 (holding clean)

Trendline break zone: 382–385

Major upside magnet: 420.14

Compression wedge + flattening MA = energy build-up.

Why This Matters

The selloff slowed right at a high-confluence Fib/structure cluster.
When everyone sees red, VolanX watches for reversal displacement.

Edge Outlook

Break & hold above 382–385 → momentum shift

First target: 394.88

Main target: 420.14

Failure of 375 → invalidates setup

This is a patience trade — not chasing, just waiting for the snap.