Aave
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AAVE/USD - potential 78% setup

Hello, Traders!

AAVE is exiting the active trading range of $298 - $418 and prepares to continue the market cycle.
Last time the flat movement lasted 55 days and resulted in 530% growth.

The current flat movement has lasted for 60 days, which gives us a trigger for action.
We can consider opening a position in the range of $382 - $418

Stop Loss might be placed under $324

Targets according to Fibonacci levels:
$450
$565
$638
$682

Good luck and watch out for the market.

P.S. This is an educational analysis that shouldn't be considered a financial advice
aavelongaaveusdaaveusdtBeyond Technical AnalysisFundamental AnalysislongsetupTrend Analysis

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