$AVAX Long Liquidation Update.

The crypto market has just witnessed a significant $9.8425K long liquidation at the price of $36.64. This indicates a major shift in momentum, and it could affect the price action of in the near future. For those looking to trade or enter this market, here’s a breakdown of what to expect and how to approach your next move.

What Does This Mean for $AVAX.

The long liquidation suggests that traders who were betting on a price increase are now exiting their positions, possibly due to a market correction or a change in trend. This can lead to short-term price fluctuations, and for those who want to take advantage of this, it's important to carefully plan your entries and exits.

Buy Zone (Entry Point).

Look for a potential buy zone around $34.50 to $35.00. This level could act as a strong support, with $AVAX potentially bouncing from here as the market digests the liquidation. If the price breaks below this level, watch closely for any signs of reversal.

Target Levels.

First Target: $38.50 – If gains momentum, this could be the first key level to watch.

Second Target: $42.00 – If the bullish trend continues, this could be a strong area where might face resistance, so consider booking profits around here.

Stop Loss.

Set your stop loss just below the support zone at $33.00. This will help protect your position if the market moves against you, especially if $AVAX fails to hold the $34.50-$35.00 range.

#AVAX/USDT #MarketRebound #Crypto2025Trends #GrayscaleHorizenTrust #XmasCryptoMiracles