【$AVAX Signal】Weak rebound, bear sniper

$AVAX 4H timeframe price is firmly pressed below the Bollinger middle band, MACD histogram continues to expand, bearish momentum remains. 1H order book depth shows buy orders piled around 9.01, but every rebound is quickly pushed back by sell walls at 9.03-9.04, indicating very weak bullish reversal willingness.

🎯Direction: Short

⚡Entry: Short directly at current price 9.03, or add to short on rebound near 9.20.

🛑Stop loss: 9.29

🚀Target 1: 9.03

🚀Target 2: 8.94

🛡️Trade management:
- Execution strategy: After reaching Target 1, cut half of the position, and move the remaining stop loss down to the entry price. If the price rebounds and breaks through 9.10, consider exiting early.

Order book data shows that the sell wall above 9.03 is much thicker than buy orders, with funds supporting below 9.01. Once support is broken, the decline will accelerate. The 1-hour RSI hovers around 35 and has not entered oversold territory, leaving room for further downside. Position volume remains stable, but the price is gradually declining, typical of weak consolidation followed by a breakdown structure. Risk-reward ratio is 2:1, making this trade worth a try.

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