Wealth Code: AAVE Buying the Dips
126.5 Enter Position 123.35 120.13 Additional Purchase
The above strategy is for reference only! It does not constitute an investment trading basis! Please manage your profit-taking and stop-loss risks!
AAVE has positive news recently!
1. Grayscale has submitted the S-1 filing for the AAVE ETF to the U.S. Securities and Exchange Commission (SEC).
2. Multicoin Capital supports the revenue distribution proposal put forward by Aave Labs.
3. Aave Labs proposes to allocate 100% of product revenue to the DAO treasury, intending to confirm Aave V4 as the core architecture.
From a technical perspective, there are signs of forming a bottom, but it is also inevitable that the market may still have a need for adjustments. Therefore, remember not to go all-in; gradually accumulate by buying the dips. If there is an opportunity to pull back to around 115 or 110, then proceed with additional purchases to lower holding costs.
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