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【$AVAX Signal】Long Snipe - 4H Momentum Persists
$AVAX Deep order book: buy orders concentrated in the 6.58-6.60 range, with clear intention of capital support at the bottom. The 4H MACD histogram continues to expand, indicating that bullish momentum has not exhausted. The 1H RSI has retreated from the overbought zone to 62, relieving short-term overheating risk. Price quickly recovered after retesting 6.50, with active buying support below.
🎯Direction: Long
⚡Entry/Pending Order: 6.57721 - 6.59700
🛑Stop Loss: 6.53103
🚀Target 1: 6.69596
🚀Target 2: 6.74543
🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce position by 50% and move stop loss to breakeven. If price falls back to the entry level, automatically exit to protect principal.
Deep Logic: After volume surged near 6.50 and then contracted while price recovered, selling pressure was quickly absorbed. The 4H Bollinger Band middle line at 6.446 forms effective support, with bulls' defense position solid. Current risk-reward ratio is about 1.5, making short-term speculation reasonable.
Check real-time quotes 👇 $AVAX
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