【$AVAX Signal】Long - 1H breakout pullback confirmation, clear signs of main force supporting the market

$AVAX The 1H timeframe experienced a massive breakout above EMA20 at 11:00, reaching a high of 9.383, and is currently in a healthy pullback confirmation stage. The 4H timeframe has stabilized above EMA20, forming a short-term upward trend, with the latest 4H candlestick closing bullish, indicating buying dominance. Open interest remains stable, price is holding firm, and the main force’s intention to support the market is clear. This is a typical pullback after a breakout, offering a good entry opportunity.

🎯Direction: Long (Long)

🎯Entry/Order: 9.25 - 9.28 (Reason: Pullback to 1H EMA20 support zone and the first consolidation after breakout )

🛑Stop Loss: 9.12 (Reason: Break below 4H EMA20 and the low of the previous 4H candlestick )

🚀Target 1: 9.45 (Reason: Previous high resistance and potential 1H double top neckline )

🚀Target 2: 9.65 (Reason: 0.618 Fibonacci retracement level of the previous decline on the 4H timeframe )

🛡️Trading Management:

- Position Size Suggestion: Standard position (Reason: 1H/4H trend resonance, risk-reward ratio >1.5 )

- Execution Strategy: After the price reaches 9.45, take 50% profit, and move the remaining stop loss up to the entry price of 9.28. If the price strongly breaks through 9.45 and stabilizes, the remaining position target can be set at 9.65.

Deep Logic: The 1H RSI(63) is in a healthy bullish zone, not overbought. Market depth shows sell orders above 9.284 are extremely thin (only 10), while buy orders below 9.283 are heavily stacked, indicating strong support below. The buy/sell ratio on the 4H timeframe in the latest breakout candlestick reaches 0.56, showing active buying. Combined with rising price and stable open interest, this is not simply a bearish sell-off but indicates active buying support by funds, preparing for further upward movement.

Trade here 👇 $AVAX

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