$AAVE LONG LIQUIDATION ALERT
Overview:
AAVE has experienced a long liquidation of $13.828K at $335.624, signaling increased selling pressure. While this may create short-term bearish sentiment, it also presents an opportunity to buy at lower levels if $AAVE finds support and rebounds.
Key Levels to Watch:
Buy Zone: $320.00 - $330.00
Target Zone: $350.00, $375.00, $400.00
Stop Loss: $310.00
Next Steps:
1. Entry Point: Watch for AAVE to stabilize within the $320.00 - $330.00 range. This area could act as a strong support zone for a potential bounce.
2. Target Levels:
First Target: $350.00
Second Target: $375.00
Third Target: $400.00
Take profits gradually as $AAVE moves towards these levels.
3. Stop Loss: Place your stop loss at $310.00 to minimize risk if selling pressure continues.
Why It’s Important:
Long liquidations often lead to temporary price drops, creating opportunities for buyers to enter at lower levels.
If AAVE holds above the $320.00 support zone, it could regain strength and push towards higher targets.
Reminder:
Monitor the price action closely and wait for confirmation of support before entering.
Always use proper risk management to protect your capital.
Stay alert and be ready to take advantage of the next move! 🚀