【$AVAX Signal】Pullback to Long! 1H Oversold + 4H Key EMA50 Support, Main Force Showing Signs of Price Support

$AVAX The 1H timeframe has entered oversold territory, with the price receiving strong support around 9.0. The 4H timeframe shows the price precisely retesting EMA50 (9.007), and open interest remains stable, with no signs of panic selling—more like the main force using the market pullback to shake out weak hands. The 1H RSI has dropped to 32.58, indicating a technical rebound may be needed.

🎯Direction: Long (Long)

🎯Entry/Order: 9.010 - 9.020

🛑Stop Loss: 8.900 (below 4H EMA50 and previous low support)

🚀Target 1: 9.350 (Previous high resistance on 1H and near EMA20)

🚀Target 2: 9.500 (Previous high area on 4H)

🛡️Trade Management:

- Position Size Recommendation: Standard position (Reason: Multi-timeframe key support resonance, favorable risk-reward ratio)

- Execution Strategy: When the price reaches 9.350 (Target 1), reduce position by 50% and move stop loss up to entry price 9.020. Hold the remaining position to aim for Target 2. If the price cannot hold above 9.300, exit all positions.

Deep Logic: The price has fallen 3.21% but open interest (OI) remains stable, indicating this is not main force distribution but more like long leverage liquidation. Market depth shows buy orders accumulating in the 9.01-9.02 range (bid_ask_ratio_depth=1.0), providing strong support. Negative funding rate (-0.0122%) suggests potential for a short squeeze rebound. A bullish reversal candle has appeared on the 1H chart, waiting for volume confirmation to validate the rebound.

View real-time market 👇 $AVAX

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