AAVE / TetherUS

AAVE > Support and Resistance > Time to go down?

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Hello Traders,
Hope you all are enjoying the thrill of your trading journey.

I am presenting my analysis on AAVE.

AAVE was facing trendline support, and we took a long trade on a pullback and it reached our profit target according to my technical analysis.
Now, I am bearish on AAVE and selling it. Our profit target is lower support region.

Kindly do your own research and follow proper risk management.

Our analysis is valid until we see a breakout from the Resistance.

Feel free to share your views in the comment section.

Best Regards,

Shaswat Naman
Technical Analyst - TradeThrill

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.

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