Kryptochristian

#AAVE - DeFi protocol AAVE faces bad debt and centralized points

Short
BINANCE:AAVEUSDT.P   AAVE / TetherUS PERPETUAL CONTRACT
#AAVE - DeFi protocol AAVE faces bad debt and centralized points of failure

Broken key support now along with some very bearish news. Unlikely new money will be going in even if there is a bullish turn from BTC. Hopefully should be a pretty safe bet here.
protos.com/defi-prot...d-points-of-failure/

πŸŸͺ #AAVE/USDT
β€’ 🐻 Strategy: Short
β€’ πŸ‘‰ Exchange: Multi-Exchange
β€’ πŸ‘‰ Account: Futures
β€’ πŸ‘‰ Entry mode: Market order in range
β€’ πŸ‘‰ Invest: 0.59%
β€’ πŸ‘‰ Leverage: 10x CROSS
β€’ 🚫 Stop: 56.71 (-84.7%)
β€’ πŸ’° Entry: 52.28 ⌁ 52.85
β€’ ⎿ Current market price: 52.28
β€’ ⎿ Target 1 : 45.04 138.5%
β€’ ⎿ Target 2 : 42.68 183.6%

β€’ πŸ“Š Technical indicators:
β€’ ⎿ 24h Volume: 63355957.71
β€’ ⎿ Satoshis: 52.28
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