$AVAX The 1H level is building a potential double bottom near 9.0, with RSI showing bottom divergence signals, but momentum has not yet confirmed. The 4H level remains in a downtrend channel, but the price is approaching the lower boundary of the channel and the previous dense trading zone (8.9-9.0), indicating weakening bearish force. Currently, the price is oscillating below the 1H EMA20, and a volume-driven bullish candle breaking through 9.08 (1H EMA20) is needed to confirm the start of a short-term rebound.
🎯Direction: Watch and Wait(Pending Orders) - Waiting for Long Entry Signal
⚡Order Strategy:
1. Breakout Chase: After the price stabilizes above 9.08, enter between 9.10-9.15 (Reason: Confirmed breakout of 1H EMA20 resistance, momentum returning).
2. Pullback Entry: If the price revisits and stabilizes around 8.95-9.00, consider entering in batches (Reason: Strong support at the 4H channel lower boundary and previous dense trading zone).
🚀Target 1: 9.35 (Reason: Resistance at 4H EMA50 and recent rebound high).
🚀Target 2: 9.60 (Reason: 1.618 Fibonacci extension level and previous high area).
🛡Trade Management:
- Position Size: Light (Reason: 4H trend remains bearish, this is a counter-trend rebound, higher risk).
- Execution Strategy: For breakout entries, after reaching Target 1, reduce position by 50% and move stop-loss to entry price. For pullback entries, use staggered entries with an average price around 8.98.
Deep Logic: Open Interest (OI) remains stable, price declines but without triggering large-scale long liquidations, indicating selling pressure may be nearing exhaustion. 1H RSI (40.39) shows bottom divergence, weakening selling force. Market depth shows a large sell order at 9.022 (9476 contracts), requiring volume to break through—this is a key observation point. Negative funding rates suggest strong bearish sentiment, and a rebound could trigger short covering.
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【$AVAX Signal】Ambush Rebound! 1H Level RSI Bottom Divergence, Waiting for Volume Confirmation
$AVAX The 1H level is building a potential double bottom near 9.0, with RSI showing bottom divergence signals, but momentum has not yet confirmed. The 4H level remains in a downtrend channel, but the price is approaching the lower boundary of the channel and the previous dense trading zone (8.9-9.0), indicating weakening bearish force. Currently, the price is oscillating below the 1H EMA20, and a volume-driven bullish candle breaking through 9.08 (1H EMA20) is needed to confirm the start of a short-term rebound.
🎯Direction: Watch and Wait(Pending Orders) - Waiting for Long Entry Signal
⚡Order Strategy:
1. Breakout Chase: After the price stabilizes above 9.08, enter between 9.10-9.15 (Reason: Confirmed breakout of 1H EMA20 resistance, momentum returning).
2. Pullback Entry: If the price revisits and stabilizes around 8.95-9.00, consider entering in batches (Reason: Strong support at the 4H channel lower boundary and previous dense trading zone).
🛑Stop Loss: 8.85 (Reason: Falling below recent key lows and channel lower boundary, indicating structural breakdown).
🚀Target 1: 9.35 (Reason: Resistance at 4H EMA50 and recent rebound high).
🚀Target 2: 9.60 (Reason: 1.618 Fibonacci extension level and previous high area).
🛡Trade Management:
- Position Size: Light (Reason: 4H trend remains bearish, this is a counter-trend rebound, higher risk).
- Execution Strategy: For breakout entries, after reaching Target 1, reduce position by 50% and move stop-loss to entry price. For pullback entries, use staggered entries with an average price around 8.98.
Deep Logic: Open Interest (OI) remains stable, price declines but without triggering large-scale long liquidations, indicating selling pressure may be nearing exhaustion. 1H RSI (40.39) shows bottom divergence, weakening selling force. Market depth shows a large sell order at 9.022 (9476 contracts), requiring volume to break through—this is a key observation point. Negative funding rates suggest strong bearish sentiment, and a rebound could trigger short covering.
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