The price of #AVAX went from liquidating longs in the range of 20.5 – 21.5 to sweeping shorts now at the resistance of 25.5 – 26.0, where a large number of leveraged sellers are concentrated.

The market structure suggests a double sweep behavior, first clearing out the poorly positioned longs and now forcing exits of the shorts.

The price went directly to seek liquidity.

🔗 https://tradingdifferent.com/es/dashboard/liquidation-heatmap?code=binance-square