Critical Alert: $AVA Long Liquidation at $1.54414!
The AVA market is on the edge as $2,142.8K worth of long positions face liquidation at the pivotal price of $1.54414.
If this level breaks, expect a sharp increase in selling pressure that could trigger a domino effect, driving the price even lower.
Key Details to Watch:
1. Support Zone: If $1.54414 fails, the next strong support could be significantly lower.
2. Volume Surge: Monitor trade volumes—high volume near this level may indicate a fight to defend the price or a massive sell-off.$AVA
3. Market Sentiment: Fear could amplify sell-offs, so sentiment indicators will be key.
Suggested Next Moves:
For Long Traders: Tighten stop-losses and consider partial exits to manage risk.
For Short Traders: Watch for the breakdown confirmation below $1.54414 before entering new positions.
For Observers: Stay alert for a potential bounce or capitulation near this level for quick scalping opportunities.
The market is at a critical juncture—strategy and timing are everything!$AVA
Stay sharp and prepare for volatility.