Strategy $AAVE – Confirmed Breakout and a New Wave on the Way
Welcome Binance Traders
The AAVE coin shows very strong technical signals after breaking an important resistance and achieving continuous momentum. In this strategy, I will show you how to ride the next wave and achieve smart profits.
Current Data:
Current Price: $236.22
Highest Price in 24 Hours: $239.88
RSI: 72.35 (Beginning to Enter Overbought Area)
Bollinger Bands: Price above the upper limit – Clear buying momentum.
MACD: Positive upward crossover and continuation of momentum.
Proposed Trading Plan:
Current Entry: $230 – $237 (Clear breakout with shallow retest)
Entry on Pullback: $220 – $223 (Strong support at the moving average)
Targets:
First Target: $255
Second Target: $275
Stop Loss: Daily close below $215
Why AAVE Now?
The stock has exited a long accumulation phase with clear momentum.
The indicators (RSI and MACD) confirm the continuation of the upward trend.
Volume is increasing, indicating institutional interest or a strong push from large traders.
> Remember: Don’t wait for the perfect signal, but be ready with every strong signal and trade with a plan.