【$AVAX Signal】Long + 1H Momentum Breakout, Main Force Clearly Intends to Support the Price

$AVAX 1H-level strong breakout above EMA20 and stabilization, creating a new intraday high, with increased volume confirming strong short-term momentum. The 4H level has already broken through the previous consolidation range's upper boundary, forming a bullish structure. Although facing slight resistance at EMA50 (8.77), the stable open interest (OI) and negative funding rate (-0.0010%) suggest a short squeeze risk among the bears. Market depth shows substantial buy orders, and market logic indicates that price increases with main force entering the market.

🎯Direction: Long (Long)

🎯Entry/Order: 8.74 - 8.76 (Enter directly near current price)

🛑Stop Loss: 8.62 (Below the 1H breakout candle low and EMA20 support)

🚀Target 1: 8.95 (Previous high resistance zone)

🚀Target 2: 9.15 (4H previous high and potential Fibonacci extension levels)

🛡️Trading Management:

- Position Size Suggestion: Standard position (Reason: 1H/4H resonance breakout, risk-reward ratio >1.5)

- Execution Strategy: After price reaches 8.95 (Target 1), reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 8.74. If the price strongly breaks above 9.0, move the stop loss below 8.85 to aim for greater space.

Depth Logic: In the past 6 four-hour candles, 4 have buy order proportions exceeding 50%, indicating sustained buying pressure. The 1H RSI (68.87) is in a strong zone but not overbought, leaving room for further upward movement. Open interest (OI) remains stable during price rise, indicating not a short squeeze but more likely active accumulation by bulls. Market depth imbalance is -2.71%, with sell pressure relatively concentrated but not large. After breaking through the 8.75-8.76 zone, resistance above is sparse, which could accelerate the upward move.

View real-time market 👇 $AVAX

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