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【$AVAX Signal】Pullback continuation: 1H momentum persists, 4H stabilizes and awaits breakout
$AVAX 1H MACD bullish crossover with increasing volume, buying pressure actively pushes higher, price touches the upper Bollinger band at 9.584. 4H MACD bearish momentum diminishes, support forms near the middle Bollinger band at around 9.515. Market depth leans towards sell, but funding rate at 0.01% is normal, bulls are not overly crowded.
🎯Direction: Long (Place order)
⚡Entry/Order: 9.497 - 9.537
🛑Stop loss: 9.331
🚀Target 1: 9.827
🚀Target 2: 9.992
🛡️Trade management: Reduce 50% after reaching Target 1, move stop loss to break-even, remaining position targets Target 2. If price falls below the entry zone, abandon this trade.
Depth logic: 1H consecutive bullish candles push prices higher, but chasing the top directly results in poor risk-reward. Wait for a pullback to the 4H EMA20 (around 9.477) and the Bollinger middle band resonance zone, which is a safer entry after capital absorption. Open interest remains stable, no abnormal sell-off signals.
Check real-time market 👇 $AVAX
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