BREAKING: $6,215 Longs LIQUIDATED on $AAVE at $241.80!
The whales just took a bite… and the weak hands got REKT!
Massive liquidation has hit $AAVE — $6.2K worth of long positions were wiped out at $241.80, sending shockwaves through the DeFi space. This could be the signal smart money has been waiting for. Let’s break it down:
Technical Analysis: AAVE/USDT
Buy Zone:
$234 - $238 — This range has historically acted as a strong support zone. The liquidation dip might be the perfect entry opportunity for bulls.
Next Targets:
Short-Term Target 1: $248
Target 2: $258
Target 3 (Swing High): $271+
Stop-Loss:
$229 — Below key support and liquidation level. If price breaks this, expect deeper correction.
Why this Setup?
Liquidations often mark local bottoms as leveraged positions are flushed out.
$AAVE has strong fundamentals and is showing signs of accumulation at this level.
Bullish divergence is building on RSI (1H/4H), indicating potential reversal.
Volume spike during liquidation = whales accumulating.
Narrative:
"When blood is on the chart, the brave hit BUY."
The market just handed you a golden entry after flushing out the leveraged tourists. Are you ready to ride the wave up?
Stay sharp. Set your levels. Trade the setup, not the noise.
