$AAVE /USDT TECHNICAL ANALYSIS – BULLISH MOMENTUM WITH NEAR-TERM RESISTANCE AHEAD
$AAVE /USDT is currently trading around $277.95, showing a modest +0.81% gain on the day. After bouncing from the 24h low of $266.41, bulls pushed the price towards a local high of $280.54, suggesting short-term accumulation. The price action remains within a rising short-term channel on the 15m and 1h charts.
Current support lies at $275 and $271.74, while immediate resistance is observed around $280–$285. A breakout above $285 may lead to a continuation towards the $295–$300 zone, provided volume sustains.
nextSL: $271 – If the price closes below this level on higher timeframes, it invalidates the current bullish structure.
Market Outlook: AAVE shows recovery signs with higher lows forming. Momentum is favoring buyers, especially if BTC remains steady. Watch for a break and close above $285 for confirmation of further upside.
Risk Management: Use position sizing, keep SL tight at $271, and avoid over-leveraging. Stick to your plan and review setups on multiple timeframes.
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