AAVE Had a Good Run | 👀🚀 What's Next for AAVE?

13 בדצמ׳ 2023

💎 Paradisers, turn your attention to AAVEUSDT, which is currently showing a significant setup in the demand zone, reinforced by a recent Market Structure Shift (MSS). This arrangement indicates a substantial likelihood for a bullish trend.

💎 On analyzing AAVE's pattern, Aave has a consistent track record of breaking above its descending trendline, a clear sign of potential upward trends. It is presently approaching a major Bearish Order Block (OB) challenge, with enduring momentum above the EMA100, aiming for supply levels at $135.

💎 Nonetheless, in the ever-evolving crypto market, AAVE traders need to be prepared for diverse scenarios. If the anticipated bullish surge does not materialize, shifting to a rebound strategy from the support level at $78 will be imperative.

💎 A fall below this support level would call for a change in strategy, underscoring the need to reevaluate the bullish stance and adapt trading strategies in light of new market developments.

💎 Stay alert and strategically savvy, Paradisers. Your ParadiseTeam is dedicated to providing you with comprehensive analysis and guidance, helping you navigate these market conditions with informed and effective trading decisions.