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【$AVAXUSDT】Bulls vs Bears Intensifying
$AVAX During regular intraday volatility, the one-hour RSI surged above 70, with buying momentum overheating in the short term. The four-hour MACD histogram continues to expand, but price has moved into the upper half of the Bollinger Bands. The sell wall at 9.73-9.74 above is extremely thick, with depth imbalance reaching -15%, leaving bulls facing real resistance as they attempt to push higher. The one-hour candlestick body is narrowing, with early signs of buying breakdown appearing. Don't catch the falling knife; wait for stabilization.
Direction: Neutral/Cash
Pending Order: Light short position entry near 9.73
Stop Loss: 9.78
Target 1: 9.58
Target 2: 9.45
Trade Management: The risk-reward ratio is acceptable, but beware of false breakouts during regular intraday volatility periods. Keep positions light; only act when price truly touches the resistance zone.
View Real-Time Chart 👇 $AVAX
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