$AVAX Long Liquidation Alert!
A massive $1.5038K long liquidation has just shaken the market at $35.8048. Traders holding bullish positions were wiped out as Avalanche ($AVAX) dipped, triggering liquidations and amplifying the market's volatility.
🔍 What Happened?
Liquidation Amount: $1,503.8
Liquidation Price: $35.8048
Market Sentiment: Extreme uncertainty
⚡ Current Momentum
The avalanche is real for $AVAX, as long positions are being purged. The momentum indicates a bearish grip, but such shakeouts often lead to new trading opportunities.
📈 Key Levels to Watch
Resistance: $37.50
Support: $35.00
Next Bullish Breakout: Above $36.50
💡 Strategy
For Buyers: Watch for dips near $35.00 to accumulate.
For Sellers: Secure profits as volatility spikes.
Will $AVAX bounce back stronger, or are we headed for deeper lows? Stay vigilant, traders!