$AVA Here's a detailed analysis of the situation with (Avalanche), focusing on a possible trading strategy based on the liquidation and price action.

Market Overview.

1. Short Liquidation:

A short liquidation worth $1.0066K occurred at $1.33115.

This indicates short sellers were forced to exit their positions as prices moved upward, hinting at a bullish sentiment in the market.

2. Current Trend:

The market shows potential for a bullish breakout, but further confirmation is needed.

Look for key support and resistance levels to determine buy opportunities.

Buy Zone.

Entry Range: $1.25 - $1.30

This is a strong support area where buying interest might be higher.

Wait for the price to consolidate in this range before entering.

Targets.

1. Target 1: $1.40

A short-term target, achievable if the price sustains above the liquidation zone.

2. Target 2: $1.50

A medium-term target if bullish momentum continues.

Stop-loss.

Stop-Loss Level: $1.20

Place this below the strong support zone to minimize losses if the market reverses.

Risk Management.

Only invest a small portion of your portfolio to avoid heavy losses.

Monitor market volume and sentiment for additional confirmation.

Tips for Trading $AVA

1. Watch for breakout signals above $1.35, which could indicate a strong upward move.

2. Keep an eye on overall crypto market trends as they often influence AVA's price.

3. Use a trailing stop to secure profits if the price moves significantly in your favor.

If you have any doubts or need further assistance, feel free to ask.

#AVA #BinanceLaunchpoolBIO #BinanceAlphaAlert #ChristmasMarketAnalysis #BTCNextMove