AAVE
Daily line is overbought and overheated; in previous signals, we respected them.
This time, watch around the $180 area to see if there is a topping/weakening sign.
Expect a pullback; those holding long positions can take profit at this level.
As for shorting afterward, it’s still counter-trend and high-risk.
Conservative traders may wait for a pullback and then a retest of the EMA21 to go long.
#$AAVE
Daily line is overbought and overheated; in previous signals, we respected them.
This time, watch around the $180 area to see if there is a topping/weakening sign.
Expect a pullback; those holding long positions can take profit at this level.
As for shorting afterward, it’s still counter-trend and high-risk.
Conservative traders may wait for a pullback and then a retest of the EMA21 to go long.
#$AAVE