$AVA The recent long liquidation of $2.2404K at $1.28289 indicates a significant move in the market, likely caused by high volatility. This level may act as an important price area for traders to monitor for potential reversals or continuation patterns.
Next Steps. Trading Levels for $AVA
1. Buy Zone.
Entry Range: $1.2500 - $1.2850
This is a potential area to look for buying opportunities if the price consolidates or forms a reversal signal.
2. Target Levels:
Target 1: $1.3200
Target 2: $1.3700
Target 3: $1.4200
If momentum is strong, these levels could act as profit taking zones.
3. Stop loss.
Place your stop loss at $1.2000 to minimize risks if the price fails to hold the buy zone.
Key Observations.
Support: $1.2500
Resistance: $1.3700
Market Sentiment: Neutral to Bullish depending on overall crypto market trend.
Trading Strategy.
Monitor the market closely for price action near $1.2850.
Use small positions initially and scale up if the trend confirms bullish momentum.
Avoid overleveraging, as AVA can be volatile.
Let me know if you need detailed explanations for indicators or additional strategies.
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