🚨 $AAVE Short Liquidation: $6.26K at $370.45 🚨
Big move in the market! A short liquidation just hit $AAVE with $6,260.60 at $370.45! This could be a turning point. Traders are closely watching for a potential rally or a sudden drop. Let’s break down the possibilities.
What’s Next for $AAVE?
🔥 The liquidation could push the price higher as shorts are forced to buy back in. If this trend continues, we could see a significant move up. But always be ready for a potential pullback if the momentum slows.
Here’s your trading strategy:
Buy Zone: Aim to enter between $365.00 to $370.00. This range might provide solid support, especially if the price shows signs of bouncing back.
Target: Your first target should be $385.00. If the trend keeps going strong, the next target could be $400.00.
Stop Loss: Set your stop around $355.00 to protect against a deeper pullback if the market turns.
🚀 Important Reminder: Always keep an eye on market sentiment and adjust your strategy as needed. Risk management is key, so stay cautious and trade smart!
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