$AVAX Liquidation Surge: Short Squeeze in Full Effect!
Liquidated Short: $81.3K at $40.64
Market Breakdown:
Massive Short Squeeze: A $81.3K short position liquidated, causing #AVAX to skyrocket as shorts scramble to cover.
Current Sentiment: Bulls are gaining momentum, with the liquidation triggering an upward surge in prices.
Hints for Next Moves:
1. Resistance Zone: Watch for resistance around $42.50, where profit-taking could slow the rally.
2. Support Level: Key support at $41.00, a critical level that buyers may defend to maintain the bullish trend.
3. Breakout Potential: A breakout above $42.50 could push $AVAX toward $44.00 or higher.
Quick Strategy:
Bulls: Ride the momentum above $42.50, aiming for a push toward $44.00.
Bears: Be cautious—any rejection at $42.50 could signal potential short opportunities, but the volatility is high.
#AVAX is soaring—expect explosive moves and volatility ahead!
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