$AVA Short Liquidation Fuels Upward Momentum!

Details:

Liquidation Type: Short Position

Amount Liquidated: $5.1563K

Liquidation Price: $2.07772

What Happened?

A short position against AVA was liquidated as its price hit $2.07772,

leading to a $5.1563K loss for bearish traders. This reflects rising demand and bullish sentiment in the market.

What’s Next?

1. For Traders:

Support Level: $2.07 could become a solid base for further price action.

Watch for resistance near $2.10 as it tests higher zones.

2. Risk Management Tips:

Maintain stop-loss orders to handle sudden price movements.

Avoid over-leveraged positions in volatile conditions.

3. Market Outlook:

The liquidation highlights growing buyer interest and a possible continuation of the bullish trend.

Monitor AVA updates and market sentiment for further clues.

Key Takeaway: The AVA short liquidation emphasizes bullish control.

Stay cautious yet optimistic, and consider this a potential signal for further gains.

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