$AAVE Short Liquidation Alert.
AAVE just saw a massive short liquidation! The total liquidation amount reached $7.4683K at a price of $353.16. This event highlights the intense market volatility and the impact of forced liquidations on short positions.
Key Details:
Liquidation Amount: $7.4683K
Price Triggered: $355.634
Market Sentiment: Bullish momentum is pushing AAVE higher, catching shorts off guard.
What This Means for the Market:
Short positions getting liquidated signify that the market is squeezing to the upside, causing pain for traders betting on $AAVE decline.
Liquidations like this can fuel a further price surge as more short positions are forced to close, buying back into the market.
Looking Ahead:
Watch for support levels around $350 to $355, as liquidations could continue if the price holds strong at these levels.
Bullish targets might be in the range of $375–$400 if the rally continues. Be aware of potential volatility and don’t ignore stop-loss orders.
Tip: Short liquidations often lead to short-term rallies, so stay vigilant if you're planning to trade $AAVE . The market can turn quickly, and understanding liquidation zones can help protect your position.
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