$AAVE Liquidated Long: $114K at $320.87

🚨 What’s Happening?

$AAVE just saw a massive long liquidation of $114K at the price of $320.87. This could lead to a sharp price move, creating a great opportunity for traders to enter the market.

💡 Next Steps: What to Watch?

Buy Zone: $310 – $320 (Look for potential support in this range for a bounce).

Target: $350 (A realistic target for taking profits).

Stop Loss: $300 (Set your stop loss below recent support to manage risk effectively).

🔥 Why It’s Important:

The long liquidation suggests there might be a short-term price drop, but it could quickly reverse if buyers step in.

Watch for confirmation in the buy zone to ensure a strong entry.

📊 Risk-Reward: With a stop loss at $300 and a target at $350, this trade offers a solid risk-to-reward setup. Always adjust your position size according to your risk tolerance.

This post is easy to understand and provides clear actionable information for traders. Let me know if you need any adjustments!

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