Most traders are watching $AVA and focusing on the $0.33 resistance. 👀
But I’m paying more attention to where the shorts are positioned.
The lower timeframes have been pretty choppy, with price pumping and dumping back and forth. However, the daily chart is now approaching a key breakout zone, and that’s what makes things interesting for me.
A lot of traders are expecting another rejection around $0.33 and are opening shorts here. But if price breaks through, those positions could become fuel for a squeeze, especially with liquidity sitting around $0.50–$0.55.
Since $AVA is under Binance Monitoring, I’m keeping in mind that volatility can be unpredictable in either direction.
That’s why I’m not rushing to short this level. If AVA breaks out with real momentum, $0.50 could come into play sooner than many expect.
For now, I’m watching the breakout closely and waiting for confirmation.
$AVA
But I’m paying more attention to where the shorts are positioned.
The lower timeframes have been pretty choppy, with price pumping and dumping back and forth. However, the daily chart is now approaching a key breakout zone, and that’s what makes things interesting for me.
A lot of traders are expecting another rejection around $0.33 and are opening shorts here. But if price breaks through, those positions could become fuel for a squeeze, especially with liquidity sitting around $0.50–$0.55.
Since $AVA is under Binance Monitoring, I’m keeping in mind that volatility can be unpredictable in either direction.
That’s why I’m not rushing to short this level. If AVA breaks out with real momentum, $0.50 could come into play sooner than many expect.
For now, I’m watching the breakout closely and waiting for confirmation.
$AVA