FieryTrading

🔥 AAVE Rebound Channel Trade

Long
BINANCE:AAVEUSDT   AAVE / TetherUS
AAVE has hit the bottom support of the channel earlier this morning. As of then, the price seems to be rebounding from said support, potentially signaling a new short term bullish move.

On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.

Happy trading!

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