Entry Price: $260 – $265
Target 1: $270
Target 2: $285
Target 3: $300+
Stop Loss: $246
Why Long?
AAVE is showing a strong bullish breakout after a sharp rebound from the recent daily low of $211.80, currently trading at $265.08 (+22.26%). The price has broken above key moving averages MA(7) = $235.82 and MA(25) = $201.35, supported by strong upward momentum and high volume (24h Vol: 2.37M AAVE).
RSI(6): 81.40, indicating strong buying pressure despite being in the overbought zone
The price is trading above all key MAs: MA(7), MA(25), and MA(99)
Candlestick pattern shows strong green candles with rising volume, suggesting continued bullish movement
Holding above the $260 support confirms strength, with further upside toward $270–$285. If a pullback occurs, the $246 zone may offer a low-risk re-entry opportunity.
Risk Management Tip: Move your stop-loss to breakeven after reaching the first target. Gradually lock in profits and let the trend continue in your favor
Buy and Trade here on $AAVE
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