$AVAX Long Liquidation Carnage: $35K Wiped Out!
$35.164K Liquidated at $33.2366!
The $AVAX bulls just hit a wall as a staggering $35,164 in long positions got obliterated at $33.2366!
Volatility has taken center stage, catching overleveraged traders off guard in this high-stakes crypto market.
What Triggered the Liquidation?
Sharp Price Pullback: A sudden dip forced longs to liquidate, showcasing the brutal nature of leveraged trading.
Market Resistance: The $33-$34 zone has proven to be a tough hurdle, and the bulls are struggling to maintain momentum.
Profit-Taking Pressure? With recent gains, traders may have cashed out, fueling the downward pressure and catching latecomers by surprise.
🔥 What’s Next for AVAX ?
Will Support Hold? Traders are closely watching the $32 level for signs of a recovery or further breakdown.
Rebound Potential: A bounce above $34 could reignite bullish sentiment and put $AVAX back on track for its next rally.
Long-Term Outlook: Despite the dip, #AVAX’s ecosystem continues to expand, signaling strong fundamentals for patient holders.
⚡ Brace for the Next Move—The Action Isn’t Over!
The liquidation wave may just be the start of a bigger shift in momentum. #AVAX is known for its dramatic comebacks—don’t miss what could be the setup for the next breakout.
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