$AVAX USDT Update!
Small-scale long liquidation spotted!
Liquidated Longs: 1 contract
Liquidation Price: $53.5110
Market Insights:
Though the liquidation amount is minimal, it could hint at hesitation among bulls near $53.50. This level may act as a resistance if buyers fail to regain control.
Next Move Recommendation:
Above $54: A breakout could attract momentum buyers, with possible targets around $55.
Below $53.50: Watch for bearish continuation, possibly testing $52 support.
Tip for Traders: Track price action and RSI closely for any signs of trend shifts! Stay vigilant!