【$AVAX Signal】Bearish attack initiated: 1H momentum exhaustion + deep suppression

$AVAX Buying pressure sharply declines, 1H MACD histogram rapidly narrows to 0.0121.
The price precisely touches EMA50_1h at 6.8836, then falls back with three consecutive bearish candles, now at 6.726, breaking below EMA20_1h.
Order book depth -9.80%, Bid/Ask Ratio only 0.82, sell orders continuously stacking above 6.72.
The 4H Bollinger middle band at 7.0411 forms medium-term resistance, with very limited rebound space.
Under this structure, the risk-reward ratio for long positions is poor, and clear evidence of short-term momentum retreat.
🎯Direction: short
⚡Entry/Order: 6.6998 - 6.7200
🛑Stop Loss: 6.7872
🚀Target 1: 6.6192
🚀Target 2: 6.5688
🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move stop loss to break-even.
If the price falls back into the entry zone, automatically exit to protect capital.
Open interest remains stable but funding rate turns negative, short squeeze conditions are not met.
1H RSI drops to 47.87, if it continues to break below 6.69 support, bearish momentum will accelerate.
View real-time market 👇 $AVAX
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