$AVA Short Liquidation Alert
$1,012.1 in short positions just got liquidated at $1.25334—a powerful bullish signal!
Key Details:
1. Liquidation Trigger: Shorts were wiped out as AVA's price surged past $1.25334, indicating strong buying momentum.
2. Market Sentiment: This liquidation suggests aggressive bulls are dominating, forcing shorts to cover.
Next Move:
Momentum Traders:
Ride the Wave: If the momentum continues, watch for a breakout above $1.27.
Target $1.30 or higher, but be cautious of sudden pullbacks.
Stop-Loss Alert: Keep stops below $1.25 to protect gains.
Short Sellers:
Patience is Key: Avoid jumping in until clear signs of resistance emerge (likely around $1.27-$1.30).
Buyers:
Look for pullbacks near $1.24-$1.25 for safer entries.
A bullish continuation above $1.27 could confirm the uptrend.
Risk Management:
High volatility ahead—use proper position sizing and avoid overleveraging.
Keep an eye on broader market trends to ensure sustained bullish momentum.
Pro Tip: Liquidation spikes often lead to follow-through momentum.
Watch volume and price action closely for your next move!$AVA