3 Powerful Strategies for Trading $AAVE Now – Are You Ready to Benefit?
1. Take-Profit Strategy
Current Situation:
RSI = 81.18 → Clear overbought condition
Price touched the upper Bollinger Band = 266.73 USDT
Strong bullish candle after a series of rises
Strategy:
Partial sell at 265 ~ 270 USDT
Set a trailing stop loss above 275 USDT
Next target to buy again at 210 ~ 220 USDT (support areas)
2. Breakout Trader Strategy
For Adventurers:
If resistance at 270 USDT is broken with strong trading volume, there is a potential surge towards 300 USDT
Enter after closing a 4-hour candle above 275 USDT
Target: 295 - 310 USDT
Stop Loss: Below 260 USDT
3. Safe Pullback Entry
For Average Investors:
Do not enter now due to the overbought condition
Wait for the price to return to test the 5-day moving average (MA5): 204 USDT
Gradual entry between 210 ~ 220 USDT
Target: Return to the 260+ level
Stop Loss below 195 USDT
Important Technical Notes:
Momentum is very strong but a correction is likely.
The MACD indicator is in an upward state, but the gap has started to widen → potential convergence soon.
Advice:
Do not enter with the entire capital at once.
Watch the next candle to confirm the breakout or pullback.
