Market Reality Check: Trading AAVE Perp 📉
Just shared my latest position on AAVEUSDT Perp. Currently sitting at -25.87% on this short position.
Even though I'm using Trial Funds, it’s a great reminder of how quickly the market can move against a short when momentum shifts. Here’s my quick takeaway from this trade:
Entry Price: 112.48
Current Price: 115.35
Leverage: 13.93x (The multiplier definitely adds pressure!)
The Lesson: Always keep an eye on resistance levels when shorting. AAVE showed some unexpected strength here. I’m holding for now to see if we hit a reversal, but keeping risk management at the forefront.
What are your thoughts on AAVE’s current price action? Are we heading higher, or is this just a temporary bounce? Let’s discuss below! 👇
#KuCoinFutures #AAVE #CryptoTrading $AAVE