🔴 $AVAX Long Liquidation – Heavy Distribution Phase
A large $6.488K in longs were liquidated at $12.477, which tells us this was not retail panic. This was institutional-sized pressure flushing late buyers.
Entry (Short): $12.45 – $12.60
Targets:
• TP1: $11.95
• TP2: $11.30
• TP3: $10.60
Stop Loss: $13.10
Market Outlook:
AVAX has been forming lower highs for several sessions. This liquidation confirms the trend is not finished. Watch for any weak retrace into $12.6 to align with continuation.
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AVAX
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