AAVE: Summary of Community Discussions with the New Crypto Big Shot Team (15:00:06 ~ 16:00:06)

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1. The current recommended strategy is to short AAVE in the 188.1-191.7 range, indicating a clear bearish outlook. There is no mention of overextending the price or tentatively establishing a position; this is a pure short strategy based on pullbacks. 2. Position and Risk Management Recommendations: It is recommended to short a short position around 188.1-191.7, with a stop loss set at 196. Take profit is divided into three levels: 180.46, 171.41, and 157.65. It has been indicated that the third take profit level has been reached and a partial take profit of 16.31% has been achieved. It is emphasized that take profit in batches and strict stop loss should be maintained. 3. Suitable for trading styles: This strategy is suitable for aggressive short-term short-selling operations with a clear rhythm, quick entry and exit, emphasis on price nodes for profit taking and stop loss, avoid overstaying positions, and is suitable for capturing pullback and downtrends.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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