1
OWby u/options_wheel_kat·1dAnalysis

$AAVE - watching that 86-87 level closely

I'm looking at $AAVE today, trading around 88.46. It's been range-bound for a bit now, but that 86-87 area seems to be a pretty important pivot point. We've seen bounces from there recently, and if it holds, I could see it testing the 90-91 range again. If it breaks decisively below 86 on any significant volume, though, my read on the short-term structure is pretty much invalidated, and we'd likely see a move towards 82-83. Just my two cents, obviously, things can always turn on a dime.

0 comments · 1 points

0 Comments

No comments yet. Be the first.

More like this