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【$AVAX Signal】Bearish continuation, 1H MACD accelerates expansion
$AVAX RSI 1H 44.92, buying depth only 0.93, bears continue to exert pressure. 4H MACD bars are shortening but 1H bars' negative values are expanding, with price firmly below EMA20. Bollinger Bands 1H lower band at 6.6078 is close, sell orders are gradually stacking. Current risk-reward ratio is 1.5, downward structure is clear, trend deserves respect.
🎯Direction: short
⚡Entry/Order: 6.65697 - 6.67700
🛑Stop loss: 6.74377
🚀Target 1: 6.57684
🚀Target 2: 6.52677
🛡️Trade management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move stop loss to breakeven. If price falls back into the entry zone, automatically exit to protect principal.
View real-time market 👇 $AVAX
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