$AAVE Short Liquidation Alert!
Liquidation Value: $1,230.80
Key Price Level: $372.97
A major $AAVE short liquidation has just occurred, signaling strong bullish momentum as bears were forced to cover positions.
With the price holding above $372.97, this could mark a breakout opportunity for $AAVE!
Key Details:
1. Bullish Surge: The liquidation reveals aggressive buying pressure, with bulls reclaiming control at a critical price zone.
2. Resistance Flip: $372.97 now serves as a potential support level.
A sustained move above this level could target the $380-$385 range.
3. Increased Volatility: Liquidations often attract momentum traders, potentially amplifying price swings in the coming hours.
Next Moves:
For Bulls: Capitalize on the momentum. If $372.97 holds, consider targeting $380-$385 for quick gains.
For Bears: Exercise caution.
Wait for rejection near $380 before considering fresh shorts, with tight stops above $385.
For Neutral Traders: Monitor the $370-$375 zone.
A break below $370 could signal weakness, while sustained trading above $375 might confirm further upside.
$AAVE is heating up, and the bulls are in the driver’s seat—stay vigilant and act decisively!