【$AVAX Signal】Pullback to Long! 1H Oversold Rebound + 4H Key Support Resonance

$AVAX The 1H timeframe has entered the oversold zone, and the price is testing the key moving average support on the 4-hour chart. The recent decline over the past few hours was accompanied by stable open interest, indicating it was not institutional dumping but rather a passive liquidation of long positions causing a stampede. Currently, the price is far from the 1-hour moving average, making direct shorting highly risky. Wait for a rebound or stabilization signal to go long.

🎯 Direction: Long (Pullback Entry)

⚡ Entry/Order: 9.110 - 9.202

🛑 Stop Loss: 8.950

🚀 Target 1: 9.450

🚀 Target 2: 9.650

🛡️ Trading Management:

- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry price. Trail the remaining position with a take profit. Exit all if the price drops below 9.350.

Depth Logic: The 1-hour RSI has fallen to 37, entering the oversold zone, indicating a technical rebound demand. The price on the 4-hour chart has precisely retested the key moving average support, which has provided effective rebounds multiple times over the past month. Although the order book shows concentrated selling pressure, a large number of buy orders are stacked in the 9.19-9.20 range, forming an invisible support. Open interest remains stable during the price decline, suggesting it is not large-scale shorting but rather long leverage liquidations. Once the liquidation ends, the rebound strength will be significant. Negative funding rates also increase the possibility of a short squeeze rebound.

View real-time market 👇 $AVAX

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