$AVAX Signal: The bearish trend continues; 4H MACD bearish histogram bars expand


$AVAX Buy order depth is only 0.88; selling pressure continues to dominate. The 4H MACD histogram is -0.0214 and the shorts are expanding. The 1H RSI at 40.57 remains in the weak zone. In the 4H Bollinger Bands, the lower band is 6.3273; the current price is just one step away, but there is no sign of panic volume amplification. Bids are passively absorbed as the main factor.

🎯Direction: short

⚡Entry / Limit order: 6.38977 - 6.40900

🛑Stop loss: 6.47309

🚀Target 1: 6.31286

🚀Target 2: 6.26480

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

In the bearish thesis, the funding rate at -0.0057% is not extreme, but with OI staying stable, the price center of gravity shifts downward, fitting a weak-long vs. strong-short setup. The current risk-reward ratio is about 1.5, which is within an actionable range.
Check live market data 👇 $AVAX
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AVAX-1.18%
USD10.03%
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