sell

AAVE/USDT Short Position with Targets Below 260

The trader is shorting the AAVE/USDT pair on Binance and ByBit with a position size of 2 to 4%, using 10X leverage for a swing trade. The entry point is set at 259.5, with a stop-loss at 272, and targets at 251, 237, and 200. This approach indicates a medium to high risk appetite, anticipating a downward movement in price.
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AI Analysis

The current trading plan involves shorting the AAVE/USDT pair, which suggests the trader expects the price to decline from the entry point of 259.5. The use of 10X leverage amplifies both potential ga...

AI Recommendation

Given the trade setup, it is advisable to proceed with caution due to the high leverage and medium/high risk classification. Ensure that risk management protocols are strictly followed, with stop-loss...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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