$AAVE Liquidation Alert
AAVE recorded $62.76M in liquidations while trading near $100.59, signaling an intense battle between buyers and sellers. The small daily decline suggests bulls are defending key support despite selling pressure. If AAVE successfully reclaims higher resistance, trapped short traders could fuel another upward move. On the other hand, losing support may trigger additional long liquidations and increase downside volatility. The market remains highly reactive, making patience more valuable than aggressive entries.
Stats: Liquidation: $62.76M Current Price: $100.59
Targets: TG1: $102.50 TG2: $105.00 TG3: $108.00
Support: $99.00 then $96.80
Pro Trader Tip: Wait for strong volume before entering. Avoid trading every liquidation event and let price action confirm the real trend before committing larger positions.
#Aave revenue to DAO #Nvidia backs OpenAI data center #Fed rate hike speculation #MiCA compliance expands in EU
