$AVAX Long Liquidated: $51.5K at $46.76
The #Avalanche market just saw a $51.5K long position liquidated at $46.76.
This sharp drop signals a potential change in trend and heightened risk.
Key Points to Consider:
Liquidation points to a shift in market sentiment
$46.76 is an important level; watch for possible support
The market could face more volatile swings in the coming hours
Next Steps for $AVAX :
If $46.76 holds, a recovery toward $49 might be possible.
A breakdown below $46.76 could push the price toward $44 or lower.
Stay cautious and keep your positions tight as volatility remains high.
Keep your risk management on point and stay alert!
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