$AAVE - ⚠️ Attention to the short-term technical moment
AAVE is trading around $295, but recent technical indicators show signs of weakness: neutral RSI (~49) and bearish divergence in the MACD, suggesting declining momentum.
Indication:
SHORT TERM: the asset needs to hold above $289 where there was a resistance on the weekly chart, which was broken and became a support.
According to the chart, there is a parallel upward channel on the weekly chart, and staying above this support could trigger new highs.
If the support is lost, I suggest selling the asset for short-term gains.
LONG TERM: the indication is to hold, wait for new corrections, and increase the investment. The asset is solid and has been adopted by corporations.
What am I doing? Nothing! I am waiting for new investment opportunities.
#InvestidorConsciente #LongTermInvestor #CryptoMarket4t #Write2Earn