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【$AVAX Signal】Long setup: 1H convergence + 4H momentum expansion
$AVAX Buy order thickness exceeds sell orders by 21%, price repeatedly tests above the 1H Bollinger middle band without breaking through. The 4H MACD histogram continues to expand, bullish momentum is accumulating.
🎯Direction: long
⚡Entry/Order: 6.62706 (pullback order)
🛑Stop loss: 6.58053
🚀Target 1: 6.74671
🚀Target 2: 6.79656
🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50%, and move stop loss to break-even. If price falls back into the entry zone, automatically exit to protect capital.
1H RSI 55, MACD near zero line, Bollinger bands narrowing, potential reversal point. 4H MACD forms a golden cross with bars continuously enlarging, trend leaning bullish. Market depth shows active support below, funding rate slightly discounted, possibly brewing a short squeeze. Current risk-reward ratio is 1.5, offering trading value in a low-fee environment.
Check real-time quotes 👇 $AVAX
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