$AVAX #AVAX the buy-side support is still there, so if it’s strong, just follow through.
Candlestick timeframe: 1h
My bias: bullish (only trade with the trend; don’t fight emotions head-on)
$AVAX #AVAX execution: pull back to go long, and only add the position after key levels are confirmed.
Core reasoning: 1) AVAXUSDT 24h price change 11.026%, current price around 11.4990, 24h trading volume about 438.07M; 2) the 1h close rose from 11.4570 to 11.4990, and short-term momentum is still pushing up. 3) the 4h close moved from 11.3270 to 11.4990; current open position size is about 10.83M, funding rate about 0.0100%. Trend continuation is more favorable.
Risk control level: If 1h drops below 11.4250 and continues downward, the bullish thesis is invalid.
$AVAX #AVAX ending: the direction is set—execute with discipline. For reference only, not investment advice.
Candlestick timeframe: 1h
My bias: bullish (only trade with the trend; don’t fight emotions head-on)
$AVAX #AVAX execution: pull back to go long, and only add the position after key levels are confirmed.
Core reasoning: 1) AVAXUSDT 24h price change 11.026%, current price around 11.4990, 24h trading volume about 438.07M; 2) the 1h close rose from 11.4570 to 11.4990, and short-term momentum is still pushing up. 3) the 4h close moved from 11.3270 to 11.4990; current open position size is about 10.83M, funding rate about 0.0100%. Trend continuation is more favorable.
Risk control level: If 1h drops below 11.4250 and continues downward, the bullish thesis is invalid.
$AVAX #AVAX ending: the direction is set—execute with discipline. For reference only, not investment advice.