$AVAX
A liquidity flush at 9.3085 cleared overextended long positions, signaling a potential short-term bottom formation after downside absorption. The move reflects temporary seller exhaustion.
Momentum implication: stabilization phase with upside continuation possible if price holds above the sweep zone.
Entry Price (EP): 9.20 – 9.35
Take Profit (TG1): 9.80
Take Profit (TG2): 10.40
Take Profit (TG3): 11.20
Stop Loss (SL): 8.90
Structure remains bullish while price defends the liquidation area; loss of this level shifts bias back to downside continuation.
AVAX
10.19
-1.45%