DIYfinance

AAVE correction and bounce off prediction

BINANCE:AAVEUSDT   AAVE / TetherUS
Recent surge in AAVE could suggest imminent correction. If the coin is unable to close above $80 at the top fib line then a correction below the trend channel/wedge may occur. Strong support can be found at $66, $60 and $52. Alternatively, if AAVE closes above $80 there will be an attempt to target $90.

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