$AAVE / USDT – Bullish Breakout Setup in Progress!
Long Liquidation Detected: $15.178K at $252.965
$AAVE just triggered a significant long liquidation—often a signal of potential trend reversal or fresh momentum as overleveraged positions get flushed out.
Technical Overview:
AAVE is showing renewed strength after absorbing sell pressure around the $253 zone. Bullish momentum is building as price attempts to reclaim lost ground.
🔹 Current Price Zone: Around $253
🔹 Breakout Watch Level: $258
🔹 Major Resistance: $263 – clean breakout above this could open gates
🔹 Support Base: $246 – key zone for bulls to defend
Trade Setup (Breakout Strategy):
Entry (Buy above): $258
Target 1: $263
Target 2: $271
Target 3: $282
Stop-loss: $246 (tight structure below local support)
Risk-Reward: Favorable with breakout confirmation and volume surge
Market Sentiment:
The broader market is recovering, and AAVE is following suit. T
he long liquidation flush has likely cleared weak hands,increasing probability for a breakout continuation.
Watch for confirmation via volume and candle closure above resistance.
Tip: Be patient on entry—confirmation is key. Volume spike + price holding above $258 = go signal.
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