【$AVAX Signal】Pullback to go long, the main force's bottom support intention is very obvious

$AVAX 1H timeframe is testing the key support zone. The price is firmly pressed near the lower Bollinger Band, but RSI has dropped to 40, and the 1-hour MACD histogram continues to weaken, indicating strong bearish momentum. However, buy orders below the 8.73-8.74 range far exceed sell orders, revealing the capital's intention to support the price. On the 4H timeframe, the price is below the EMA50, but the lower Bollinger Band provides strong support. Open interest remains stable, with no signs of panic selling.

🎯Direction: Long

⚡Entry/Order: 8.664 - 8.685

🛑Stop Loss: 8.489

🚀Target 1: 9.469

🚀Target 2: 9.862

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back to the entry level, automatically exit to protect capital.

Order book depth shows a large number of buy orders below 8.73, quickly absorbing selling pressure. Open interest remains stable, indicating this is not a main force offloading, but more like cleaning up floating positions. The 1-hour RSI shows a potential bullish divergence with the price, indicating weakening bearish strength. Combined with buy-side depth and stable open interest, with a risk-reward ratio over 4:1, this position is worth preparing for a rebound.

View real-time market 👇 $AVAX
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