AAVE Possible Short Opportunity (Rising Wedge)

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AAVE is currently forming a "rising wedge", which is generally a bearish signal. On the daily chart, a "fair value gap (FVG)" exists below the wedge pattern, aligning with the target of the potential drop. This setup suggests a possible short opportunity approaching soon.

Conclusion :

The rising wedge pattern, along with the FVG target, hints at a potential bearish move for AAVE. Traders should be prepared for this possibility.

Advice for Traders and Investors :

- Watch for confirmation of the wedge break before entering a short position.

- Set your target around the FVG level.

- Always assess risk and manage trades carefully.

Happy trading!