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$AVAX Currently around 9.05 USDT. Today has already gained +0.88%.
I'm not focusing on the rise or fall, but whether this position is worth touching.
In the short term, I still lean towards bullish.
At this position, I will first look at these points:
First, after the pullback, the support is still holding, and there is no obvious withdrawal of active buying.
Next, near the key support, the volume has decreased, indicating that the selling pressure is not as heavy as imagined.
Additionally, hot funds are still watching this direction, and the market sentiment has not fully retreated.
I prefer to view it with this mindset: buy on the trend after support is confirmed.
The entry point I will watch is: 9.057 USDT.
First, look at this target: 9.605 USDT.
Stop-loss reference: 8.838 USDT.
If the price doesn't reach the point, better to wait and not force an entry.