🚨 $AVAX — SHORTS UNDER PRESSURE
AVAX recorded a significant $155K short liquidation around $10.62, highlighting the risk of crowded bearish positioning. The broader daily structure remains constructive, but price needs to break through nearby resistance to confirm continuation. Failure to hold support could bring sellers back into control.
📊 Support: $10.28 / $10.06
🎯 Resistance: $10.56 / $10.78
🚀 Next Target: $10.94–$11.00
⚠️ Bearish Confirmation: A decisive move below $10.06 could open the way toward $9.79.
A confirmed breakout could attract fresh momentum, while rejection may lead to another liquidity sweep. Stay patient.
Let's go $AVAX 🚀
AVAX recorded a significant $155K short liquidation around $10.62, highlighting the risk of crowded bearish positioning. The broader daily structure remains constructive, but price needs to break through nearby resistance to confirm continuation. Failure to hold support could bring sellers back into control.
📊 Support: $10.28 / $10.06
🎯 Resistance: $10.56 / $10.78
🚀 Next Target: $10.94–$11.00
⚠️ Bearish Confirmation: A decisive move below $10.06 could open the way toward $9.79.
A confirmed breakout could attract fresh momentum, while rejection may lead to another liquidity sweep. Stay patient.
Let's go $AVAX 🚀