🐋 $AAVE has lost the 160 level, where buy and sell orders and stop-losses are usually most concentrated.
After a break below, stop-losses on long positions below may be triggered all at once, leading to a sharp acceleration downward. But if large buyers step in at lower levels, the price could also rebound above the level.
Bullish or bearish?
#AAVE
After a break below, stop-losses on long positions below may be triggered all at once, leading to a sharp acceleration downward. But if large buyers step in at lower levels, the price could also rebound above the level.
Bullish or bearish?
#AAVE