$AVAX Just Faced a Major Long Liquidation!
A massive $1,486,700 long position was wiped out at $20.17 — a clear sign that volatility is back and the big players are bleeding!
What's the Signal?
This liquidation spike often means panic selling, setting up a prime opportunity for smart entries. Let’s break down the full setup:
$AVAX Technical Analysis
Current Price Range: Around $19.80 – $20.17
Key Liquidation Level: $20.091 (major long liquidation occurred here)
Buy Zone (Accumulation Zone):
$18.50 – $19.20
This zone offers strong support from previous price action and aligns with long wick rejections seen on the 4H chart. Perfect for strategic entries.
Targets:
Target 1: $21.00 (previous resistance + minor breakout level)
Target 2: $22.30 (strong supply zone & major resistance)
Target 3: $24.50 (if momentum builds, this could hit fast)
Stop Loss:
$17.85
Placed below the structure lows and invalidation of the support zone. Keeps risk managed if price breaks down further.
Summary:
The liquidation at $20.17 is your signal — big money got flushed, and the smart money is eyeing a reload. Accumulate smart, stay sharp, and ride the next leg up.
#AVAX/USDT #VoteToListOnBinance
