$DEFI/USDT 4h (Binance Futures) Parallel channel on support

DeFi index is looking locally bottomed and could bounce here heading for 50MA or even upper-line channel and more.

Current Price= 1778.0
Buy Entry= 1781.0 - 1713.0
Take Profit= 1941.7 | 2182.8 | 2513.4
Stop Loss= 1591.4

Risk/Reward= 1:1.25 | 1:2.8 | 1:4.93
Expected Profit= +22.28% | +49.90% | +87.74%
Possible Loss= -17.82%

Fib. Retracement= 0.382 | 0.786 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 10 days