$AAVE Long Liquidation Alert
Amount Liquidated: $22,198
Liquidation Price: $339.938
Market Analysis:
The long position was liquidated, indicating strong selling pressure around the $339.938 mark. AAVE may experience continued volatility as traders adjust to the current price action.
Suggested Plan:
Here’s a strategy for $AAVE :
1. Buy Zone:
Consider buying between $320 - $330 if price shows signs of support and stability.
Wait for confirmation with increasing volume and green candles.
2. Target Levels:
Target 1: $350
Target 2: $370
Target 3: $390
3. Stop Loss:
Place a stop loss around $310 to minimize risk in case of further drops.
Key Tips:
Monitor Bitcoin’s price movement as it often impacts altcoins like $AAVE
Watch for news or announcements related to AAVE or DeFi that may affect sentiment.
Avoid over-leveraging; market conditions remain unpredictable.
Trade Wisely!
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