AAVE idea with Wave Pattern in Play
2024-12-26
Category: None

AAVE has made a cross on LSMA indicator, with the 20-day moving average (MA) crossing under the 400-day MA—signaling bear momentum. Additionally, a wave pattern appears to be unfolding, with the price now aiming to complete the 4th wave in the $345–$335 range before potentially entering its final wave.

Traders should exercise caution and closely monitor the $345–$335 zone for signs of consolidation or further downside (which may truncate a continuation).

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NFA: This is not financial advice—always do your own research and manage your risk effectively.