【$AVAX Signal】Bears in order; 1H low moves lower

$AVAX Three consecutive 1H bearish candles close lower; RSI 45.19 lingers in a weak zone. 4H MACD negative value expands, and the Bollinger middle band at 6.5280 acts as resistance. The order-book buy order depth is only 0.94, showing weak willingness to absorb. OI stays stable, funding rate is neutral, and there is no basis for a short squeeze.

🎯 Direction: short

⚡ Entry/limit order: 6.42700 (suggested range 6.42367 - 6.44300)

🛑 Stop loss: 6.50743

🚀 Target 1: 6.34635

🚀 Target 2: 6.29803

🛡️ Trade management:
- Execution strategy: After reaching Target 1, cut 50% position size, and move the stop loss up to break-even. If price falls back to the entry level, exit automatically to protect principal.

Buy orders at lower levels failed to effectively absorb selling pressure; 4H bearish momentum hasn’t yet exhausted, so a weak short-term rebound is a reasonable expectation.

View live market 👇 $AVAX
---
Follow me: Get more crypto market real-time analysis and insights! $BTC $ETH $SOL
‍#PreIPOs第二期OpenAI认购 #Gate6月透明度报告 #Gate现货增速全球第一