Breaking News: $AVAX Longs Liquidated!
A massive $81.1K long position was liquidated at $41.73, signaling intense market pressure.
Key Details About $AVAX :
Current Trend: Bearish sentiment growing after liquidation.
Support Level: $40.50 – Strong demand zone.
Resistance Level: $43.00 – Key area where sellers dominate.
Next Move Prediction:
If $AVAX holds above $40.50, it may attempt a bounce toward $43.
However, a drop below $40.50 could lead to further declines.
Buy or Sell Suggestion:
Buy Zone: Look for entries near $40.50 if there’s a reversal signal.
Sell Zone: Consider selling or shorting near $43 if the price struggles to break through.
Stay sharp and monitor key levels for your next move!