$AVA ALERT: Short Liquidation Spotted at $0.5398.
Massive short squeeze potential is building as $1.509K shorts just got wiped out at $0.5398 — bulls are taking control!
This level now becomes a key battleground. If momentum sustains, we could be witnessing the early stages of a breakout.
Technical Analysis:
Buy Zone:
$0.525 – $0.5398 (Accumulation zone where short liquidations occurred and buyers stepped in)
Targets:
• Target 1: $0.575 (Local resistance and previous rejection point)
• Target 2: $0.605 (Major resistance and potential breakout zone)
• Target 3: $0.645 (Extension target if bullish volume continues)
Stop Loss:
• Below $0.512 (Invalidation of bullish structure and close under liquidation zone)
Summary:
Bulls just shook out weak hands. With shorts getting crushed, momentum is shifting. Watch closely for continuation and volume confirmation. Above $0.575, this could turn explosive.
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