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$AVNT BINANCE REMOVES ITS MARGIN AND THE PRICE IS ALREADY PAYING FOR IT
AVNT is down -11.05% today on $5.2M in volume, one day before Binance closes its cross-margin pair.
Here’s what’s happening:
→ Binance announced on October 27 that it will delist the AVNT cross-margin pair tomorrow, October 30, at 06:00 UTC, and automatically close open positions: leveraged traders are getting out before they’re forced out.
→ Divergence:
$BTC -1.46%,
$HYPE +7.68%… and AVNT -11.05%. While its rival in perps bounces, AVNT is sinking ahead of the forced closure.
→ Progression: drops → loses $0.0938 → heads for $0.0918.
SHORT entry $0.0965 – $0.0972, stop $0.0976, TP1 $0.0938 (24h low extension), TP2 $0.0918. If it recovers $0.0976, the short is over and it’s time to exit.
Keep in mind: this is a margin delisting, not the end of the project — Veranta is still operating on Base. The short is betting on tomorrow’s forced selling, not on Veranta being finished.
👇 Will AVNT hold until the margin closure or keep falling? Let me know.
$AVNT #Veranta #Delisting #Trading