$AVAX / USDT – Sharp Washout at $19.52! Bulls on the Defensive!

Capital Exit Triggered: $4,490.70 force-closed near $19.5246

Market Mood: Caution – Key Support Zone Under Fire

📉 Market Snapshot:

• Major leveraged long got wiped near $19.52

• Price slid hard into a high-stakes demand zone

• Bulls must respond quickly to prevent further sell-off

Key Levels:

Support: $19.30 / $18.75

Resistance: $20.00 / $20.60

Reaction Zone: $19.45 – $19.60

📊 Trade Setup (Bounce Potential):

Entry Range: $19.30 – $19.60 (wait for strength)

Targets:

🎯 TP1: $20.00

🎯 TP2: $20.60

🛑 Stop Loss: Below $18.60

⚠️ Why This Matters:

Heavy forced exits can create snap-back opportunities—especially if bulls step up at a key level. Volume and structure must confirm the bounce before entry.

💡 Pro Tip:

Look for a bullish engulfing candle above $19.65 with solid volume to confirm the reversal setup.

$AVAX just felt the heat—now the chart's set for a decisive move. Eyes on the bounce.

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AVAX
AVAX
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