$AVAX Long Positions Destroyed with $1.136K Liquidated at $43.693!
$AVAX has taken a sharp turn south, with $1.136K in long liquidations at $43.693. Bears are asserting dominance, leaving traders scrambling to reassess the market.
🔥 Market Analysis
Momentum: Bearish trend intensifying as sellers dominate.
Volume Surge: Increased sell-offs indicate heightened fear and possible further downside.
🎯 Key Price Levels to Monitor
Support Zone: $42.50 (crucial for potential stabilization).
Resistance Level: $45.00 (key barrier for any bullish reversal).
⚡ Next Steps: With $AVAX under heavy pressure, traders need to stay vigilant for a possible recovery or continued decline. Position wisely—market volatility is at a peak!