🔥 $AAVE Long Liquidation Alert 🔥
A massive $58.808K long position was liquidated at $270.754, signaling intense market activity. Is $AAVE setting up for a big move? Let’s dive into the details to help you plan your next trade!
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Market Overview
The liquidation indicates heavy selling pressure. $AAVE is currently in a critical zone, and traders are closely watching the price action. Will the bulls return, or will the bears take over?
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Key Levels to Watch
Buy Zone: $260 - $268
(Ideal range for potential dip-buying if the price stabilizes here.)
Target Levels:
Target 1: $280 (short-term resistance)
Target 2: $295 (key medium-term resistance)
Stop Loss: $258
(Exit if the price drops below this level to avoid heavy losses.)
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What’s Next for $AAVE?
1. Bounce or Breakdown:
Watch for a rebound near $260. If bulls regain strength, this could be the start of a recovery.
2. Volume Surge:
A rise in buying volume could confirm bullish momentum. Without it, the price may continue to slide.
3. Breakout Above $275:
If AAVE pushes above $275 with strong momentum, it may target $280 and beyond.
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Pro Tips for Traders
Stay disciplined—don’t chase the price without confirmation.
Use proper position sizing to manage risk effectively.
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The Battle is On!
is in a hot zone, and the next move could be explosive. Stay alert, set your levels, and trade smart!
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