AAVE Swing Long Setup Idea For Crypto Bull Run- AAVE is currently trading at $171.
- As a leader in decentralized finance (DeFi), it’s important to position yourself conservatively to maximize your gains with AAVE.
- The price is currently consolidating and compressing near the inefficient gap, so pay attention to its behavior to learn from these repetitive patterns.
- Historically, the price has been rejected from the last swing high before entering a bearish trajectory; we have observed a similar rejection at the same point of interest (POI) recently.
- Now is the time to make conservative entries in the range of $160-$170 and hold for an increase up to $261.
- Recommended Accumulation Zones for Spot Entries: $156-$167.
- Bull Run Targets: $261, $447, $650.
- Timeframe: Hold this position for 2-3 months.
Aavepriceanalysis
AAVE Swing Long Setup- AAVE is currently trading at a decisive zone
- Aave can easily consolidate here and throw up more 20-40%
- Aave can at the same time consolidate a little take-out liquidity from the lower levels
- Place wide stop losses if you are trading swings
- Do not over leverage like I always say 2-3x is enough or else liquidation is possible
- 20-30% up move looks fair