$AVAX Signal】Short + 1H/4H Weak Continuation


1H RSI 43.3, MACD green bars continue to converge but haven’t turned red, order book depth -3.55%, funding rate only 0.0012%, and the bulls have no intention to resist. 4H MACD bear bars are still expanding, and the price continues to be suppressed by the EMA20. In a gradual downtrend structure, chasing shorts has mediocre risk-reward, but the probability of acceleration after a breakdown cannot be ignored.
🎯Direction: short
⚡Entry/Pending Order: 6.75767 - 6.77800
🛑Stop Loss: 6.84578
🚀Target 1: 6.67633
🚀Target 2: 6.62549
🛡️Trade Management: - Execution Strategy: After reaching Target 1, reduce position size by 50% and move the stop loss to breakeven. If price drops back to the entry level, exit automatically.
👇Breakdown Logic: The 1H Bollinger Bands lower rail at 6.6741 is close at hand, and short-term support is weak. Trading volume shows no panic, but remains persistently sluggish; rebounds lack buy-side support. Follow the 4H trend to take a short, and wait for a breakdown to quickly realize profits.
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