#AAVEUSDT #1h (OKX Futures) Rising wedge breakdown and retest

Aave just printed a gravestone doji followed by a shooting star, seems likely to retrace down to 200MA support.

⚡️⚡️ #AAVE/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Short)
Leverage: Isolated (5.0X)
Amount: 4.5%

Current Price:
95.44

Entry Targets:
1) 95.87

Take-Profit Targets:
1) 87.43

Stop Targets:
1) 100.10

Published By: @TradingOn

AAVE AAVEUSDT.P #1h #DeFi #DAO aave.com

Risk/Reward= 1:2.0
Expected Profit= +44.0%
Possible Loss= -22.1%
Estimated Gaintime= 3 days

Trade active:

OKX Futures
AAVEUSDT.P All entry targets achieved
Average Entry Price: 95.87 💵

AAVE retested the wedge and got rejected, pretty accurate entry so far.

Comment:

AAVEUSDT.P Back to Break-Even (BE)

AAVE finally lost 50MA support and seems to be retracing down after almost stopping us out (by 1 cent).