【$AVAX Signal】Long - 1H breakout pullback confirmation, clear signs of main force supporting the market

$AVAX The 1H timeframe has successfully broken through and stabilized above the short-term moving average, with the price consolidating strongly around 9.13. The 4H timeframe shows a oscillating upward structure, and the current price is testing the previous small platform resistance. The key point is that the open interest remains stable, and the price is still resilient under a negative funding rate environment, indicating a risk of short squeeze for the bears. The buy order depth between 9.11-9.12 is unusually thick, providing strong support for the price.

🎯Direction: Long

⚡Entry/Order: 8.979 - 9.004

🛑Stop Loss: 9.004

🚀Target 1: 8.930

🚀Target 2: 8.906

🛡️Trade Management:

- Execution Strategy: After the price reaches the first target, reduce positions by 50% to lock in profits, and move the stop loss of the remaining position up to the entry price. If the price fails to break through the current resistance and falls back into the lower end of the entry zone, consider the signal invalid and exit decisively.

Depth Logic: The 1-hour RSI indicates healthy momentum, not entering overbought territory, leaving room for further upward movement. Although the 4-hour trend is not fully clear yet, the breakout structure on the 1-hour chart is clear, and order book data shows accumulation of buy orders below, with obvious support from main force. Combined with negative funding rates and stable open interest, this provides an opportunity for a low-risk short-term scalp.

View real-time market 👇 $AVAX

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