$AVAX AVAX Long Liquidation – Bulls Lose Ground as Sellers Take Control

A $61.5K long position on AVAX was liquidated at $24.34, signaling increased selling pressure. This suggests that buyers failed to defend key levels, allowing bears to push the price lower.

$AVAX If AVAX struggles to reclaim lost ground, further downside could be on the table, potentially testing lower support zones. However, if buyers step in with strong volume, we might see a quick recovery and a retest of resistance.

Traders should watch price action closely—will AVAX bounce back, or is more downside ahead?

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