MyCryptoParadise_Simon

AAVE Had a Good Run | πŸ‘€πŸš€ What's Next for AAVE?

Long
BINANCE:AAVEUSDT   AAVE / TetherUS
πŸ’Ž 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.

πŸ’Ž 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.

πŸ’Ž 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.

πŸ’Ž 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.

πŸ’Ž 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.

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