$AVAX Bulls Roar: $89K Shorts Liquidated at $43.39!
Avalanche (AVAX) surges as $89,000 in short positions are obliterated at the critical $43.39 price level, cementing bullish momentum.
This massive liquidation showcases growing market confidence in $AVAX 's scalability and speed as a leading Layer-1 blockchain.
Key Event Highlights:
Liquidation Size: $89K in shorts wiped out.
Critical Level: $43.39 – bulls reclaim this key price zone with conviction.
Market Sentiment: Positive, with traders betting on further upside for AVAX.
Why It Matters:
Avalanche’s ecosystem continues to expand, attracting projects with its low-latency and high throughput capabilities.
This liquidation signals strong buying pressure and could pave the way for further upward momentum, targeting $45 as the next resistance zone.
Will the Rally Continue?
With solid fundamentals and increased adoption, $AVAX might be gearing up for a sustained rally.
Watch closely as the battle between bulls and bears intensifies!
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