$AVAX Signal】The bearish trend continues, with a break below confirmed by 1H/4H resonance


$AVAX 4H MACD negative value expands to -0.0345, and sell pressure keeps adding. The 1H RSI is weakly consolidating around 32, with extremely weak rebound strength. The lower Bollinger Band (6.2404) has opened up; the current price 6.40 is trading tightly along the mid-to-lower band. Depth imbalance -0.20%, with thin order-book support and sparse limit-order follow-through. The negative funding rate -0.0276% has not prevented the price from sinking; bearish control is clear.
🎯 Direction: short
⚡ Entry / Limit orders: 6.381 - 6.400
🛑 Stop loss: 6.464
🚀 Target 1: 6.304
🚀 Target 2: 6.256
🛡️ Trade management:
- Execute strategy: after reaching Target 1, cut 50% of the position, and move the stop loss up to the break-even level. If the price drops back to the entry range, exit automatically to protect principal.
With 4H volume increasing alongside RSI low-level dulling, short-term rebounds lack buy-side follow-through. Under this structure, the risk-reward for going short is acceptable, but be alert for brief short squeezes triggered by the negative funding rate—setting the stop loss above 6.464 can address it.
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AVAX-0.63%
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