$AVAX Signal】4H bearish dominance, 1H narrow range rebound to short


$AVAX 4H MACD histogram -0.0182 shrinking, bearish momentum weakening but trend unchanged. 1H Bollinger Bands upper band 9.3948, lower band 9.2162, extremely narrow amplitude. Buy order depth ratio 0.81, sellers are dominant. Current price close to 1H midline 9.3055, rebound is weak, unable to stay above EMA20 9.3245.

🎯Direction: Short

⚡Entry: 9.36

🛑Stop Loss: 9.750

🚀Target 1: 9.518

🚀Target 2: 9.440

🛡️Trade Management: Half position at Target 1 and move stop loss to entry price. If the price rebounds and breaks above 9.70, exit automatically to avoid deep losses. Current risk-reward ratio is about 1:2.5, worth trying.

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AVAX1.31%
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