📊 AVAX
Price: $9.13
OI: $382.7M (large)
Futures Vol 24h: $545M
Long/Short Binance account: 2.39
Top trader account: 2.87
24h Liquidation: Long $157K vs Short $299K
What does it mean?
The market is strongly leaning long. Very.
📍 Estimated Pivot (Local Range 4H)
From the last chart structure:
Local High ≈ 9.45
Local Low ≈ 8.80
Close ≈ 9.10
Pivot (P) ≈ 9.11
R1 ≈ 9.43
R2 ≈ 9.75
S1 ≈ 8.78
S2 ≈ 8.45
The current price is right around the pivot.
This is a decision zone, not a hero zone.
🔎 Data Derivatives Interpretation
1️⃣ Long/Short > 2
This means the majority of the market is already long.
2️⃣ High OI ($382M)
Many open positions. Large energy.
3️⃣ 24h Short liquidation is larger ($299K)
There has just been a small short squeeze.
$AVAX #BitcoinGoogleSearchesSurge #AVAXUSD
Price: $9.13
OI: $382.7M (large)
Futures Vol 24h: $545M
Long/Short Binance account: 2.39
Top trader account: 2.87
24h Liquidation: Long $157K vs Short $299K
What does it mean?
The market is strongly leaning long. Very.
📍 Estimated Pivot (Local Range 4H)
From the last chart structure:
Local High ≈ 9.45
Local Low ≈ 8.80
Close ≈ 9.10
Pivot (P) ≈ 9.11
R1 ≈ 9.43
R2 ≈ 9.75
S1 ≈ 8.78
S2 ≈ 8.45
The current price is right around the pivot.
This is a decision zone, not a hero zone.
🔎 Data Derivatives Interpretation
1️⃣ Long/Short > 2
This means the majority of the market is already long.
2️⃣ High OI ($382M)
Many open positions. Large energy.
3️⃣ 24h Short liquidation is larger ($299K)
There has just been a small short squeeze.
$AVAX #BitcoinGoogleSearchesSurge #AVAXUSD