$AVA Long Liquidated!
A significant $6.36K long position on $AVA was liquidated at $1.14587, signaling a bearish shift in market sentiment. The liquidation suggests that bullish momentum is weakening, and sell-side pressure is increasing.
Key Insights:
Bearish Momentum: The liquidation points to growing selling pressure, indicating potential for further downside if buying interest does not return.
Critical Support Levels: $AVA may test lower support zones if the bearish trend continues to dominate.
AVA Technical Snapshot:
Resistance Level: $1.15
Support Zone: $1.10
Momentum: Bearish, with risks of further declines
Will ava find support and attempt a recovery, or is a deeper correction imminent? Monitor key support levels and market volume for the next move!