AAVEUSDT 50 % drop (NEW)

AAVEUSDT 50 % drop is still possible.

-The price is currently sitting on the support.
-Weak pump expected only to get rejected from the upsloping resistance line (yellow line) which previously was acting as a support.

-Trend overall remains bearish.

Good luck

Trade active:

Now support is acting as a resistance. Expecting more downside

Comment:

Good progress. Targets are still the same

Trade closed: target reached:

Target 1 reached. The price bouncing from the support. Short term bounce before reaching target 2 is very likely.

Trade closed manually:

The price was close to reach target 2. Expecting a short term bounce therefore closing this trade now to reenter short higher.