UnknownUnicorn10064030

AAVE/USDT - Potential Short Scenario

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FTX:AAVEUSD   Aave
Hello Traders!

AAVE continues to move within the descending trend completing the falling phase.

It is possible to assume that correction to the basic movement to gather liquidity near the $104 is finished. Thus further, it is possible to expect a continuation of descending pricing.

The set of medium-term purchases can be started in parts in the price range of $30 - $54 after the price leaves under the support level of $54.

Targets of such purchases will be price levels of $104 and $164

Good luck and watch out for the market

P.S. This is an educational analysis that shall not be considered financial advice

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