🚀 $AAVE
Renewed bullish momentum! 🚀
Current price: $269.49 (+4.26%)
After days of sideways fluctuations, AAVE has finally returned to action, consistently bouncing back from the support level of $265, and showing remarkable strength with a new price increase on the hourly chart. The bulls are back, and they're making noise.
🧠 Market overview:
Strong defense at $265 confirms it as a key demand area.
A critical push towards $270 indicates renewed buying interest.
The one-hour structure is reclaiming the bullish area.
📌 Key levels:
Breakout area: $270 and above (watch for candle closure and trading volume!)
Resistance: $272.50 - $273.00
Support: $265.00
🎯 Trading setup:
🔸 Entry: $268 - $270 (only after confirming the breakout!)
🔹 Targets:
→ Profit target 1: $273 - short breakout above local resistance.
→ Profit target 2: $277 - continuation of the breakout.
→ Profit target 3: $284 - extended move towards previous highs.
🛑 Stop loss: $264.80 (keep it close to the structure).
🔥 What's happening:
The number of buyers is increasing and confirming their presence. Trading volume is rising, the candles are increasing, and level $AAVE is slowly heading towards a technical breakout area. A strong close on the one-hour timeframe above $270 with high trading volume could ignite the next bullish spark.