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【$AVAX Signal】1H level funds support, ambush rebound
$AVAX 1H level price repeatedly tests around 9.26, buying depth clearly exceeds selling, bid/ask ratio reaches 1.23. After the 4H MACD death cross, the histogram shrinks, bearish momentum weakens. In a negative fee environment, the price has not made a new low, indicating potential short squeeze.
🎯Direction: Long
⚡Entry: Enter directly at the current price of 9.263
🛑Stop loss: Below 9.098
🚀Target 1: 9.593
🚀Target 2: 9.758
🛡️Trade management:
- Execution strategy: Half position at Target 1, move the remaining stop loss up to the entry price. If the price cannot quickly break away from the cost area, exit proactively.
Order book data shows heavy orders in the 9.25 to 9.26 range, fully exposing the funds support intention. The 1H RSI stabilizes around 41, forming a potential bullish divergence with the price. Position volume remains stable, negative fee rate persists, and bearish position costs are accumulating. The risk-reward ratio at this level is close to 1.5, making it manageable.
Check real-time quotes 👇 $AVAX
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