๐ฅ $AAVE : Gearing Up for a Major Breakout? ๐๐
$AAVE is currently trading at $268.47, reflecting a +6.67% increase over the past 24 hours. This surge is attributed to the anticipation surrounding the upcoming Umbrella update, which is expected to enhance the protocol's capabilities. Analysts predict a potential 50% rally toward its 2024 high of $400, driven by a textbook V-shaped recovery and bullish technical indicators .
Current Price: $267.44
๐ Market Structure:
๐ Consolidating between $250.28 and $271.99
๐ Higher lows forming โ bullish pressure building
โก๏ธ Volume breakout confirms strength
๐ Key Levels:
๐ก๏ธ Support: $250.28
๐ง Resistance: $271.99
โ Breakout confirmation: Close above $271.99 with strong volume
๐ฏ Trade Setup:
โก Entry: $265.00โ$270.00
๐ฏ TP1: $300.00
๐ฏ TP2: $345.00
๐จ SL: $245.00
๐ก Pro Tip: Wait for a 1H candle close above $271.99 with increased volume for confirmation!
๐ Buy and trade with $AAVE ๐๐๐ฅ
#AAVE #MyCOSTrade #BinanceAlphaAlert #MarketRebound #EDGENLiveOnAlpha
