$AAVE Sell short at speed!!
The price has broken below the Bollinger midline at 140.17. The MACD is about to form a dead cross, with the green bars starting to appear. The KDJ, after being at a high level, has turned downwards; the bulls are clearly exhausted. Although the DeFi sector’s long-term narrative is still intact, after the spike and rejection around 145.35, short-term profit-taking pressure has been concentrated and released. The pullback can’t even retouch 141, and the lower band at 135.79 is the first target.
Entry: 140.12
Stop loss: 145.35
Take profit: 129.00
$AAVE - Short 🔻
Enter from below👇
The price has broken below the Bollinger midline at 140.17. The MACD is about to form a dead cross, with the green bars starting to appear. The KDJ, after being at a high level, has turned downwards; the bulls are clearly exhausted. Although the DeFi sector’s long-term narrative is still intact, after the spike and rejection around 145.35, short-term profit-taking pressure has been concentrated and released. The pullback can’t even retouch 141, and the lower band at 135.79 is the first target.
Entry: 140.12
Stop loss: 145.35
Take profit: 129.00
$AAVE - Short 🔻
Enter from below👇
