$AVAX Long Liquidation: $12.197K at $39.0928
The $AVAX market is in the midst of an intense long liquidation event, creating an explosive opportunity. Here are the critical details for traders looking to take action:
Entry Point: $39.0928
This is the key level where the long position is initiated.
With the market showing signs of exhaustion and possible reversal, this level offers a prime entry for short positions aiming to capitalize on the downturn.
Target: $35.00
Set your sights on a target of $35.00, where significant support is likely to come into play.
This level provides the perfect exit point as AVAX aces downward pressure, with strong potential for the price to retest this zone.
Stop Loss: $41.50
Place the stop loss at $41.50, just above recent highs, to protect against any unexpected bullish moves.
A break above this point could signal a shift in market sentiment, invalidating the short setup and signaling a continuation of upward momentum.
As the $A$AVAX ng liquidation unfolds, be ready for rapid price fluctuations. This is a high-stakes setup—move quickly, manage risk, and stay vigilant for the action to unfold.