$AAVE 85 short position trapped? Is there still a chance to break even?


Brother, who shorted at $85, watching the price surge to $99 and then drop back to $92, do you think "there's hope to escape"?
Smart money data: 491 long traders made a profit of $1.73 million, with a profit ratio of 54%; while 594 short traders lost $1.3 million, with a profit ratio of 36%! The main capital is voting bullish with real money, and your $85 short position is right in the losing army. On the 1-hour chart, MACD is flattening, RSI is in the neutral 50 zone, but if $92 breaks down with volume, support is at $87; if it goes up, the upper Bollinger Band at $94.3 is the resistance level—if it breaks through, a new round of short squeezing will grind your short position to dust!
Don't panic, there is a way to break even:
Light position: When the price rises to the resistance level and stops moving up, add an equal short position to average your entry price higher. When it pulls back to near your cost, take profit, and the loss can be controlled or even break even.
Heavy position: Consider halving your position now, set stop loss and take profit. If stopped out, you only lose half; if it pulls back, you can recover some losses.
Don't blindly add to your position! Your liquidation price and margin determine the specific operation. If you miscalculate, liquidation will happen in the next second.
#0成本拿2股SK海力士 #Saylor暗示增持BTC
AAVE-0.60%
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