AAVE/USDT - 1W

$AAVE - probably the most undervalued asset in this cycle!

I'm buying it and here's why:

The price has been in an accumulative range for a whole year after that we saw an upward exit and the formation of the new local support zone.

In this regard, I am assuming a further uptrend so my near-term goals are:


Entry: 98

TP-1: 155.55
TP-2: 202

TP-3: 250

SL: 44

As you can see the Risk/Reward Ratio is 2.8 which is acceptable for my strategy.

In the long term, the potential for this coin is even higher so I made a spot purchase.

Remember to form your strategy and follow it without deviating. Only a systematic approach will yield results.

#AaveProtocol #TradingIdeas