$AVA Short Liquidation Alert.
A huge $9.3635K has been liquidated at the price of $1.6006, showing major activity in the market. This could lead to exciting moves ahead.
Market Insight.
The price liquidations at $1.62775 indicate a strong movement from sellers.
Buyers are stepping in to take control, making this a key point for traders to watch.
With increased volume, this is the perfect time to set up your trading strategy.
Trading Plan: Buy Zone, Targets, and Stop-loss.
Buy Zone.
Look to Buy between $1.60 - $1.63, as these levels act as support zones based on current market action.
Target Levels.
Target 1: $1.68 (Short-term).
Target 2: $1.72 (Medium-term).
Target 3: $1.78 (Long-term potential if the momentum is strong).
Stop-Loss.
Place a Stop-Loss at $1.58 to protect against unexpected downward movements.
Why Trade Now.
Short liquidations indicate strong buying pressure, as shorts are being forced to close.
The market is showing signs of reversal, with potential for a bullish breakout.
Volatility is increasing, making this a great opportunity for active traders.
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