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$AVAX Signal: Go long, break above 1H timeframe and confirm on pullback
$AVAX 1H RSI reaches 59.4, after repeatedly testing the middle band of Bollinger Bands, it breaks above 6.26. The 4H MACD histogram continues to expand, indicating bullish momentum is accumulating. Deep imbalance of -9.39%, but there is a clear accumulation of buy orders around 6.25, with active order placement below. Funding rate is -0.0117% (negative), price has not followed downward, and short squeeze conditions are forming. Under negative funding rates, the price remains firm, and the risk-reward ratio is attractive.
🎯Direction: Long
⚡Entry/Order: 6.25318 - 6.27200
🛑Stop Loss: 6.20928
🚀Target 1: 6.36608
🚀Target 2: 6.41312
🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back to the entry level, automatically exit to protect capital.
View real-time market 👇 $AVAX
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