A $3.15K LONG liquidation just hit $AVAX at $11.615, flushing leveraged long positions and resetting short-term market structure. This liquidation sweep clears weak hands and often opens a volatility window as price searches for its next direction.
With leverage removed, $AVAX is now trading at a key reaction zone. If buyers step in and defend this level with volume support, $AVAX could attempt a recovery move. Failure to hold may lead to further downside exploration before balance is restored.
Trade Setup
EP: 11.45 – 11.75
TP1: 12.40
TP2: 13.60
TP3: 15.20
SL: 10.95
Post-liquidation moves can be sharp — let price action confirm direction.
#AVAX #Mag7Earnings #SouthKoreaSeizedBTCLoss #ETHWhaleMovements #USIranMarketImpact
