Aave (#AAVE) 💶 1W Time Frame

Another promising project – a market veteran. We’re not talking here about any temporary issues 💡 caused by a hacker breaching some shoddy protocol and swapping wrapped Ether for the original via AAVE; rather, these are likely problems affecting the DeFi sector 💥 within the crypto space as a whole.

👀 On the chart, the coin has not yet reached the final stage of the capitulation phase (the end of the old cycle) nor has it moved into the accumulation phase (the start of the new cycle). For this to happen, the first and second ‘capitulation lows’ will need to form 📉. I have marked these on the chart with red circles.

The best opportunities for medium-term purchases will be in the historical support zone of $50–$76 💰.

P.S. Select viable projects with no bottlenecks along the route.#