$AVAX Shorts Trapped Near Value Area
AVAX is trading near $12.42, with short liquidations at $12.336, confirming downside rejection.
Key State
Stabilization after pullback.
Support
$12.10 is the level to defend.
Resistance
$12.95 is the first upside test.
Market Insight
Shorts getting liquidated near support often signal a base.
Sentiment
Quietly bullish.
Targets
$12.95 then $13.80
Next Move
Gradual recovery if $12 holds.
Pro Tip
Bases form when sellers run out of pressure.
AVAXUSDT
Prep
12.17
+0.71%
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