$AVAX Signal】1H MACD bearish divergence, targeting downward breakout


$AVAX RSI 1H 45.69, MACD histogram continues to expand negative, 1H Bollinger lower band at 8.9955 has started to face pressure. 4H MACD shows a golden cross but gradually decreasing in volume, buy depth 1.42 (Bid/Ask) is thick but unable to prevent the price from dropping from 9.292 to 9.115. Selling pressure is active, buyers are passive.

🎯Direction: Short

⚡Entry/Order: 9.160 (Recommended entry zone 9.110-9.228, taking the lower middle value)

🛑Stop loss: 9.315

🚀Target 1: 9.054

🚀Target 2: 8.967

🛡️Trade management: Reduce 50% of position at Target 1, move stop loss down to entry level; for the remaining position, watch Target 2, if it rebounds back to 9.228, close all.

Current risk-reward ratio is about 2:1, the short position must be strictly profit-taken to prevent slow erosion from the funding rate at 0.01%. If the 4H MACD forms another death cross, downward acceleration is expected.

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