$AAVE Short Liquidation Alert.

Amount Liquidated: $2,059.30

Price Level: $326. 89.

The market just witnessed an intense liquidation, wiping out short positions on $AAVE. As the price surged to $316.808, bears were forced to close their positions, causing a cascade of liquidations.

What Does This Mean.

For Bulls: This could indicate rising bullish momentum. $AAVE price might push higher as bears exit the market, opening the door for further upside.

For Bears: Time to tread cautiously. $AAVE is gaining strength, and short positions are getting punished.

Next Levels to Watch:

šŸ“ˆ Resistance: $320-$325

šŸ“‰ Support: $305

Trading Strategy:

Bulls: Look for a breakout above $320 for a potential rally.

Bears: Wait for a rejection below $325 before considering re-entering shorts.

Stay alert, traders.

The next moves could be explosive.

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