$AVAX Signal | 1H Bullish Continuation + 4H Bottom Confirmation

$AVAX 1H RSI 60.25, MACD histogram narrowing, volume gradually shrinking — short-term momentum fading, but 4H MACD golden cross just formed, with BB mid-band at 6.6770 supporting price. Sell-side depth more than double buy-side, yet price remains firm around 6.67, funding rate at 0.01% neutral. Under this structure, buy orders haven't collapsed but instead are absorbing at lower levels.
🎯Direction: Long
⚡Entry / Limit: 6.65497 - 6.67500 (current price 6.672, place limit order directly)
🛑Stop Loss: 6.60825
🚀Target 1: 6.77512
🚀Target 2: 6.82519
🛡Trade Management: - Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to breakeven. If price falls back to entry level, exit automatically to protect principal.
In-depth logic: OI stable, no sign of unilateral accumulation, but depth structure reveals sell-side buildup. Price not being broken down suggests short covering or active buy orders are actively absorbing. 4H MACD golden cross combined with neutral RSI, bullish continuation has a foundation. Current risk-reward ratio 1.5, stop loss within 1%, worth a try.
View real-time quote 👇 $AVAX
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