A $5,227.3 short liquidation just occurred at $2.36604! The bears are being squeezed, and $AVA might be ready to explode to the upside. Could this be the perfect moment to jump in? Let’s explore what’s next!
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What’s Next for $AVA?
Key Levels to Watch:
Buy Zone: Look for an entry around $2.35 - $2.37, where support is likely to form.
Target Levels:
Target 1: $2.45
Target 2: $2.55
Stretch Target: $2.70 (if the bullish momentum continues).
Stop Loss: Place your stop loss below $2.30 to protect from potential downside.
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Market Insight: The short liquidation shows that the bears are losing control, and AVA could be on the verge of a big move. If the price stays above $2.35, a rally towards $2.45 and $2.55 could be in play. Keep an eye on price action around these levels for confirmation.
Pro Tip: Start small and scale into your position as the trend solidifies. Take partial profits as you hit your targets and leave some position open for the possibility of a bigger move.
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Stay disciplined, stick to your trading plan, and always manage your risk. The best traders know that patience and strategy are the keys to success!