$AVAX Signal】Long - 1H Momentum Breakout, Clear Signs of Main Force Support



$AVAX The 1H timeframe has strongly broken above EMA20 and EMA50, creating a new intraday high with strong momentum. The 4H timeframe also broke through the recent oscillation upper band, forming a bullish engulfing pattern. Currently, the price is consolidating strongly around 9.28 with deep buy support, which is a typical main force support and accumulation signal, awaiting a secondary surge.

🎯Direction: Long (Long)

🎯Entry/Order: 9.27 - 9.30 (Reason: 1H EMA20 support zone & pullback confirmation after breakout )

🛑Stop Loss: 9.10 (Reason: Break below the start of the 4H bullish candle and previous low support )

🚀Target 1: 9.50 (Reason: Previous wave high resistance level )

🚀Target 2: 9.80 (Reason: 1.618 Fibonacci extension level )

🛡️Trade Management:

- Position Size Suggestion: Standard position (Reason: 1H/4H resonance breakout, higher win rate )

- Execution Strategy: After reaching 9.50, reduce position by 50% and lock in profits, move the remaining stop loss up to entry price 9.30. If the price cannot hold above 9.30 and falls back, strictly execute the stop loss.

Depth Logic: The open interest over the past 4 hours remains stable, yet the price has surged by 5%, which is a typical sign of “rising price with increasing volume and stable open interest,” indicating genuine bullish buying pressure rather than short covering. The 1H RSI is as high as 80, showing short-term overbought conditions, but in a strong market, RSI can stay high for a long time. Market depth shows buy orders accumulating between 9.27-9.30, forming a strong support cushion. Combined with positive funding rates, market sentiment is bullish but not overheated, leaving room for further upward movement.

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