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【$AVAX Signal】Pullback to buy, 1H level capital support exposure revealed
$AVAX After a sharp rise on the 1H chart with volume decreasing on the pullback, buy orders exceeding 40,000 units are stacked in the 9.16-9.17 range, fully exposing the capital support intention. The 4-hour MACD histogram is still expanding, but the 1-hour momentum is converging, which is a healthy retracement after a breakout.
🎯Direction: Long
⚡Entry/Order: Enter in batches within the 9.165 - 9.175 range
🛑Stop Loss: 9.050
🚀Target 1: 9.273
🚀Target 2: 9.403
🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry price. Hold the remaining position to aim for Target 2. If the price falls back to the entry level, exit automatically to protect the principal.
Position remains stable; during the price pullback, there was no capital outflow, indicating strong main force support. The 1-hour RSI stabilizes around 60 and has not entered overbought territory, leaving room for upward movement.
Combined with order book depth, sell orders above 9.19 start thinning out, making resistance after a breakout relatively small. The risk-reward ratio is close to 4:1, making this concealed trade highly favorable.
View real-time market 👇 $AVAX
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