â ïž $AVAX â Bullish Positions Liquidated!
$AVAX bulls just got wiped out, with $1.2479K in longs liquidated around $13.418. Leverage continues to amplify market volatility â one wrong move can trigger cascading liquidations.
Key Observations:
đ„ Leverage Risk: Heavy long exposure led to massive liquidations.
đ Market Reaction: Price faced strong selling pressure after liquidation events.
đĄïž Trader Insight: High leverage positions are extremely vulnerable during trend reversals.
đĄ Trading Takeaways:
Watch for stop-hunting and liquidation zones in volatile markets.
Momentum can reverse sharply after large liquidations â either continuation or rebound is possible.
Risk management is critical â avoid overleveraged positions in uncertain structures.
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