đš Big Action on $AVA !
đ A short liquidation of $5.0165K just happened at $2.18517! This shows significant volatility and a potential shift in market sentiment. The bears might be losing grip. Whatâs next? Letâs break it down:
Whatâs Happening?
When shorts get liquidated, it means traders betting on $AVAâs price dropping are forced to close their positions. This often triggers upward pressure on the price as liquidations cause buying activity.
Key Zones to Watch
Hereâs the potential setup for $AVA:
đ” Buy Zone:
Look for strong support near $2.15 - $2.18. This is where demand seems to be building.
đŻ Target Levels:
Target 1: $2.30
Target 2: $2.40
Target 3: $2.50
â Stop Loss:
To manage your risk, place a stop loss slightly below $2.10. This ensures limited losses if the market moves against you.
What Could Happen?
If bullish momentum takes over, we could see $AVA breaking resistance levels and rallying further. However, stay cautiousâif it fails to hold above $2.15, the price could revisit lower zones.
đĄ Pro Tip: Always manage risk and avoid over-leveraging. Crypto markets are highly unpredictable!
What do you think? Will $AVA fly, or are the bears lurking around the corner?
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