$AVAX Signal】Shorts add positions, 1H accelerates downward


$AVAX 1H MACD green bars are still enlarging, RSI drops to 36 and hasn't bottomed out yet, 4H Bollinger lower band at 9.10 is close.
Buyers are breaking down, sell orders are quickly eating up the resting orders, funding rate is negative but OI is stable, shorts haven't finished running.

🎯Direction: Short

⚡Entry/Order: Current price 9.238, go short directly

🛑Stop loss: 9.482

🚀Target 1: 9.256

🚀Target 2: 9.181

🛡️Trade management:
- Execute strategy: After reaching Target 1, reduce position by 50%, and move stop loss to break-even.
- If the price falls back to the entry level, automatically exit to protect capital.

4H consecutive four bearish candles, buyers can't hold on at all, this wave of correction targets around the previous low of 9.18.
Risk-reward ratio is decent, stop loss above 9.48, if broken, exit.

Check real-time market 👇 $AVAX
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