$AAVE /USDT Short Term Bears Are In Power Short Trade Setup!๐ฅ
Current Price: $349.72๐
Trend: Bearish momentum building on the 30-min chart. ๐ป
Trade Details:
* Entry: $348.45 ๐ฏ
* Take Profit 1: $342.00 ๐ฐ
* Take Profit 2: $335.00 ๐ฐ๐ฐ
* Stop Loss: $353.00 ๐
Analysis:
* Breakdown Zone: A sustained break below $350 could signal continued selling pressure. โ ๏ธ
* Support Levels: Expect weak support near $345 and stronger support around $332. ๐
* Risk/Reward: Favorable risk-to-reward ratio with the stop loss placed at recent highs. โ
Action Plan:
* Confirm entry: Execute the short trade near $348.55. ๐ฏ
* Risk Management: Implement a tight stop loss at $354.00 to limit potential losses. ๐
* Profit Targets: Secure partial profits at Take Profit 1 ($340.00) and let the remaining position ride to Take Profit 2 ($332.00). ๐ฐ๐ฐ