Hey Binance fam! đ˘ If youâve had AAVE on your radar, nowâs the perfect time to tune in. AAVE/USDT is wrapping up a solid âretest zoneâ setupâand once thatâs locked in, we could be accelerating toward new highs. Letâs break it down, Binance-style:
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đ Whatâs Happening With AAVE?
Resistance at ~$245â246 đ§ą
AAVE recently hit a local peak near $245â246, but encountered minor rejection and then reversed into a retest phase .
Healthy Retest at $230â234 Support
The token has pulled back into the $230â234 zoneâseen as a strong support rangeâindicating a classic consolidation before a breakout .
Key Price Zones to Watch
Support: $230â232 â bulls are stepping up here .
Resistance: $245â246 â a breakout above this could spark a big move .
Momentum Check
Short-term charts are showing some hesitation, with wicks forming at the top and volume cooling a bit âbut strong interest remains near support.
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đŻ How to Trade ItâBinance Style
1. Watch for a Cleared Breakout
A clean break above $246 with healthy volume could indicate the start of the next rally. Thatâs where the fireworks start! đ
2. Snap Up the Dip
If $230â232 holds again, it could be a safe entry point. You might catch the prime wave before the bounce.
3. Be Lightning Fast on This Opportunity
Retests donât stick around foreverâonce support proves itself, breakouts can unfold quickly. Donât miss your window!
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đ Pro Tips
Use limit buys near support for better pricing control.
Monitor volume spikesâtheyâre often the breakoutâs fuel.
Set clear stop-losses below $230. Risk management is everything.
On Binance, check out trading tools like stop-limit, OCO, and trailing stops to manage your positions seamlessly.
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⨠Final Take
AAVE is sitting on a textbook setup: solid support retest, clear resistance overhead, and the potential for a breakout rally. It could be your last chance to position before liftoffâif momentum builds and $246 breaks, the next leg could come fast.
Keep your eyes on AAVE/USDT on Binance, and trade smart đ