Market Alert: Significant $AVAX Long Position Liquidated!
A substantial $91.6K long position in Avalanche ($AVAX ) was liquidated at $36.80, indicating notable market activity.
Key Insights:
Support Levels: Immediate support is observed around $33.73, with a secondary level at $13.97.
Resistance Levels: Resistance is present at $66.28, with stronger resistance near $148.84.
Next Move:
Traders should monitor the $33.73 support level closely.
A breach below this could indicate further downside potential. Conversely, a rebound may target the $66.28 resistance.
Given current volatility, implementing risk management strategies is advisable.