【$AVAX Signal】Long - 1H breakout pullback confirmation, main force clearly intends to support the market

$AVAX The 1H timeframe is consolidating strongly above EMA20, just completing a pullback confirmation of the previous breakout level. The 4H timeframe has stabilized above EMA50, forming a short-term upward trend. During the price rise, trading volume remains stable, indicating that it is not a bearish sell-off, but rather active capital absorption. Currently, the 1-hour RSI shows healthy momentum, and the buying depth at key price levels is substantial, providing support for the price.

🎯 Direction: Long

⚡ Entry/Order: 9.162 - 9.245

🛑 Stop Loss: 8.95

🚀 Target 1: 9.60

🚀 Target 2: 9.85

🛡️ Trading Management:

- Execution Strategy: When the price reaches 9.60, reduce position by 50% and lock in profits, while moving the stop loss of the remaining position up to the entry price of 9.245. If the price strongly breaks through 9.85, move the stop loss further up to 9.60 to seek greater gains.

Depth Logic: Over the past 4 hours, the price has surged strongly from around 9.00 to 9.50, with significantly increased trading volume, a clear signal of main force entering the market. Subsequently, the price pulled back to stabilize around 9.30, with the 1-hour RSI remaining around 60 in a strong zone, not weakening. Order book data shows dense buy orders in the 9.32-9.34 range, forming a solid support wall. Coupled with positive funding rates, market sentiment leans bullish but is not overheated, providing a good risk-reward ratio for short-term trading.

View real-time quotes 👇 $AVAX

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