$AVAX Bulls Crushed! $77.9K Long Liquidated at $40.91!
In a shocking twist, $77.9K worth of long positions on $AVAX were obliterated at the crucial price of $40.91, leaving bulls reeling as the market shifted against them.
Here’s the breakdown of this dramatic liquidation:
$40.91 Support Shattered:
This level, once a stronghold for bullish traders, crumbled under intense selling pressure, triggering a wave of liquidations and adding fuel to the bearish momentum.
Leverage Wiped Clean: A liquidation of this magnitude underscores the dangers of over-leveraged positions in a volatile market.
Could this be part of a broader downward trend, or is it a calculated shakeout by market whales?
Market Sentiment on Edge: With bulls forced out at this critical level, the stage is set for heightened volatility.
Will the price stabilize and recover, or are deeper corrections ahead for AVAX?
What’s Next for Traders?:
All eyes are on $AVAX as the market digests this liquidation shock.
Whether you’re planning to buy the dip or waiting for clearer signals, staying vigilant is the name of the game.
The market is ruthless—are you prepared for the next move?
Stay alert and trade smart!
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