💎 Hey there, ParadiseSquad! Let's talk about AAVE/USDT on the daily chart. It's forming an inverse cup and handle pattern, which might suggest potential bearish movement. Pay close attention to the critical demand level at 45.24. This price point has shown resilience over time. If the price drops below this level, it would confirm a lower low, setting the stage for a potential downward move to the next demand zones at 26.52 and 14.72.
💎On the other hand, there's a chance for a short-term rebound from the 45.24 level, with the potential to reach the overhead resistance trendline. However, if the price defies expectations and surges above the invalidation zone at 119.53, this bearish pattern would lose its validity. Stay vigilant and keep your strategies sharp, ParadiseSquad!
💎On the other hand, there's a chance for a short-term rebound from the 45.24 level, with the potential to reach the overhead resistance trendline. However, if the price defies expectations and surges above the invalidation zone at 119.53, this bearish pattern would lose its validity. Stay vigilant and keep your strategies sharp, ParadiseSquad!
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.