⬇️ #AAVE cleared the liquidation zone for longs at 72,476 💥
The drop brought the price down to 70,647, where another significant block of leveraged position liquidations was executed. After that sweep, AAVE showed a technical bounce, but it's still trading below the recently liquidated upper zone.
⚠️ As long as it doesn't reclaim 72,476 with strength, the market keeps pressure on the longs. The reaction from 70,647 will be crucial to determine if the bounce can extend or if there will be another attempt to hunt for liquidity further down.
🔗 https://tradingdifferent.com/es/dashboard/liquidation-heatmap?code=binance-square
#AAVE #Crypto #Trading #Futures #Liquidations
The drop brought the price down to 70,647, where another significant block of leveraged position liquidations was executed. After that sweep, AAVE showed a technical bounce, but it's still trading below the recently liquidated upper zone.
⚠️ As long as it doesn't reclaim 72,476 with strength, the market keeps pressure on the longs. The reaction from 70,647 will be crucial to determine if the bounce can extend or if there will be another attempt to hunt for liquidity further down.
🔗 https://tradingdifferent.com/es/dashboard/liquidation-heatmap?code=binance-square
#AAVE #Crypto #Trading #Futures #Liquidations