$AAVE /USDT Price Analysis Update and Best Trading Strategy Plan ๐ค๐๐
Current Price: $264.5
Trend Bias: Bullish
Timeframes Used: 15m, 1h, 1D
Trade Duration: Short-Term (1โ2 Days Setup)
Technical Breakdown:๐
$AAVE is currently consolidating just below a key supply zone between $264โ$275. After bouncing off the $258 demand zone, the price has formed a new BOS (Break of Structure) on both the 1H and Daily chart.
Stochastic RSI shows bullish crossover on LTFs, and price is slowly pushing into EMA territory with higher lows building up strength.
Best Trading Strategy Plan (Bullish):๐ฅ
Entry Zone: $258โ$260 (on dip)โ
Confirmation Entry: 1H candle close above $265โ
Target 1 (Short-Term): $270๐ฏ
Target 2 (Main Swing Target): $275๐ฏ
Stop-Loss: Below $255 (structure invalidation)โฃ๏ธ
Risk-Reward Ratio: 1:2 minimum
Timeframe: 8โ36 Hours Holding (Short Swing or Intraday Scalps based on volatility)
Strategy Note: This is a breakout-retest setup โ traders can also buy dips near support with confirmation on LTF. Donโt chase if price directly hits resistance; wait for candle retests or consolidation near targets.
Why Bullish?๐ค๐ฅ
Strong BOS & CHoCH on 15m and 1H
Daily structure is still upward trending
RSI & Volume support gradual bullish continuation
DeFi sentiment is reviving and AAVE is a leading protocol in the sector
What Do You Think?๐ค๐
Iโve shared my strategy โ now itโs your turn!
Do you believe $AAVE will break above $275 or face rejection again? Let me know in the comments โ your analysis could help others too!
Disclaimer: โ ๏ธ
This post is for educational use only. Always do your own research (DYOR) #and use proper risk management.
"AAVE has shown recent volatility and is currently priced at $262.44, down by -2.10%! . What do you think AAVEโs next move will be? Cast your vote and share your view!"
Bullish, Bearish, or Sideway โ you decide!"