$AAVE /USDT – BULLS TAKE CONTROL AS AAVE PUSHES ABOVE NEAR-TERM RESISTANCE!
$AAVE Current Price: $277.11
24h High / Low: $278.92 / $267.96
24h Volume (USDT): 30.88M
Momentum: Bullish Bias
Key Levels:
Immediate Resistance: $278.90 (24h High, next breakout level)
Major Resistance: $285.00 (psychological & structural level)
Immediate Support: $272.00 (previous consolidation zone)
Major Support: $267.00 (24h low and bullish invalidation level)
Trade Setup: Long Entry
Entry Zone: $276.50 – $277.50
Target 1 (TP1): $280.00
Target 2 (TP2): $285.00
Stop Loss (SL): $272.00
Risk-Reward Ratio: ~1.5 to 2.0
Market Outlook:
AAVE has shown strong accumulation on the lower timeframes with a rising price structure and consistent volume. The breakout above $276 suggests strength, and if bulls maintain momentum, we could see an extension to $285. Bears would need to break below $267 to regain control, which currently seems unlikely unless market sentiment shifts broadly across DeFi tokens.
Risk Management:
Risk only 1-2% of your capital per trade. Stick to the stop loss and avoid overleveraging. Wait for candle confirmation before entering.
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