AAVE/USDT : Reached the S/R zone and trendline!
AAVEUSDTHello everyone 😃
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AAVE has reached the trendline's resistance now and also there's a formed S/R zone. So basically it's a bearish sign and we have to expect the rejection...
But there are not enough levels to set our Short position here!
The Short position should be located below $148.5!
After all; There can be a chance of a breakout above the mentioned trendline and S/R zone.
If we get the closings above the S/R zone and trendline, Then we locate our Long towards $190.5!
Trading setup :
🔻 Entry Pointes : $155 - $157.5 - $160
📍Targets : $164 - $169 - $174.5 - $181 - $190.5
🟥 Overall stop-loss : $148.5 ( Three Candles Close )
⚠️ It's not activated yet, Needs to wait for a proper breakout!
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Have a good day!
Helical_Trades
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