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【$AVAX Signal】Longs laying in positions + 1H pullback support to catch
$AVAX Buy-side depth crushes the sell wall. Bid/Ask Ratio is 1.32, and the intention to provide capital support is clear. After three consecutive bearish candles on the 1H, volume keeps declining—this is a signal that selling pressure is exhausted. On the 4H, MACD is narrowing but still above the zero line; the higher-timeframe trend has not broken.
🎯 Direction: Long
⚡ Entry/limit orders: 6.68688 - 6.70700
🛑 Stop-loss: 6.63993
🚀 Target 1: 6.80761
🚀 Target 2: 6.85791
🛡️ Trade management:
- Execution strategy: After reaching Target 1, cut 50% and move the stop-loss up to break-even. If price falls back to the entry level, exit automatically to protect principal.
Current risk-reward ratio is about 1.5. The bid support below is solid, and the probability of a short-term rebound is relatively high.
View live quotes 👇 $AVAX
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