🚨 $AVAX Market Alert! 🚨
💥 Short Liquidation: $6.81K at $30.9396
$AVAX just triggered a short liquidation, meaning bears were overleveraged near $30.94. This shakeout signals short-term bullish momentum, as shorts get squeezed and buying pressure ramps up.
📊 Market Sentiment:
Short-term: Bullish due to the short squeeze.
Medium-term: Neutral-to-bullish, with support holding around $30 – $30.50.
Market cap trends indicate consolidation, but $avaxcould see a rapid move upward if momentum continues.
🎯 Future Targets:
Immediate resistance: $31.50 – $32
Support zones: $30 – $29.50
Bullish scenario: Breaking $32 could open the path to $33 – $34
Bearish scenario: Falling below $29.50 may retest $29 psychological level
💡 Pro Tips:
1. Watch for volume spikes confirming bullish momentum.
2. Avoid entering aggressive longs—scale in around support levels.
3. Consider using trailing stop-losses to lock profits during squeezes.
4. Stay alert for sudden reversals in this volatile zone.
💥 Bottom Line: $AVAX is showing short-term bullish energy after this short squeeze. Defending $30 – $30.50 could spark a push toward $32+, while a failure below $29.50 might cool the rally.
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