AAVE Looking Strong — Long Entry at $120
AAVE is one of the rare altcoins that showed strength throughout the year. Compared to its March high, AAVE is down only 19% and has been trading in a sideways range since April.
Moreover, after the recent crash, AAVE recovered completely and is back above the EMA200 and the pre-drop level.
Although I am still "on hold" regarding new long trades due to the overall market situation and the Middle East tensions, AAVE is at the top of my trading list.
$120 seems to be a reasonable entry point to ride the wave to the previous top and, depending on the market, even higher.
Keep a close eye on $AAVE
