$AAVE /USDT
After falling to a low of $219.78, $AAVE has started to recover with strength, returning to the level of $226. This recovery is supported by decent volume and the formation of bullish candles with higher lows, indicating a re-entry of buyers.
Trade Setup:
Entry Zone: $224 – $228
🎯Final Target (TP): $235+
📛Stop-Loss: $219.00
Why Long?
$AAVE is recovering from a local bottom with a strong green candle on the hourly chart, signaling a potential short-term trend reversal. The price shows fresh demand that appears after a prolonged decline. If this recovery holds above $224, the next step to $235 looks achievable.
Risk Management Tip:
Take profits as the price approaches $232, trailing the stop-loss. Avoid excessive leverage and maintain a risk-to-reward balance of 1:2 or higher.
Bulls are back in motion — ride this wave with precision.