🚨 $AVAX /USDT – Long Liquidation Alert!
💥 $5.87K Wiped Out at $20.228 – Bulls Shaken!
📊$AVAX Market Breakdown:
A significant $5.87K long position just got liquidated at $20.228 — the price took a sharp dip, crushing leveraged bulls.
This signals potential bearish pressure in the short term, and we might see further downside if the support levels don’t hold.
💰 Current Price: $20.228
📈 24H Range: $19.85 – $20.60
⚙️ Key Levels to Watch:
• Support: $19.80 – Critical bounce level
• Resistance: $20.50 – Key level for bullish recovery
🎯 Trade Setup:
• Entry Zone: $19.90 – $20.10 (watch for price action confirmation)
• TP1: $20.50 – First resistance level
• TP2: $20.80 – Next target area
• Stop Loss: $19.70 – Risk management is key
💡 Pro Tip:
Large liquidations often lead to volatility. Watch for a reclaim of $20.50 — if this level holds, we could see a bullish reversal.
Below $19.80, we could be looking at further downside action.
