#AAVE
š AAVE/USDT Trade Signal š
š¹ Position: Long
š¹ Entry Zone: $215 - $220
š¹ Stop Loss: $205
š¹ Target 1: $230 (65% Probability)
š¹ Target 2: $245 (50% Probability)
š¹ Target 3: $260 (35% Probability)
š¹ Stop Loss Probability: 30%
š Trade Setup Analysis:
AAVE/USDT has surged over 17%, breaking major resistance levels.
EMA Structure: Price is well above the 7-day and 25-day moving averages, confirming strong bullish momentum.
Volume Surge: A significant increase in volume supports the bullish continuation.
Momentum Indicators: RSI at 91, indicating strong momentum but also nearing overbought conditions.
ā ļø Key Risks & Considerations:
A possible retracement to $215 - $220 before further upside.
A break below $205 could invalidate the bullish setup.
Resistance at $230 may cause temporary consolidation.
šø THIS IS MY ANALYSIS šø
š Please do your own research, and if it aligns with your strategy, then consider taking the trade.