Technical analysis by Richtv_official about Symbol AAVE: Buy recommendation (5/16/2024)

Trade Overview: AAVE seems to have established a range low after filling the Fair Value Gap (FVG) and forming a triple bottom pattern, suggesting a potential bullish reversal. Monitoring for a final sweep to fill 50% of the wick or a Market Structure Shift (MSS) can help confirm the trade setup. Trade Strategy: Entry: Consider entering a trade between $75 to $85, capitalizing on the range low and potential reversal pattern. Take Profit: Set take profit targets around $120 and $160, aiming for gains within these levels. Stop Loss: Place the stop loss at a daily close below $70 to manage risk effectively. 📊🔍 Stay attentive to AAVE's price action for trade validation and adjustments! #AAVETrading #CryptoAnalysis 🌐🔒