📈 AAVE/USDT Price Analysis – Bulls Knock at Resistance🤔👇
🔹 Current Price: $231.90
🔹 24H High: $234.54 | 24H Low: $213.00
🔹 Volume Surge: 319,000+ AAVE traded
🔹 Trend Outlook: Recovery in progress, but key resistance tested
📊 1H Chart Overview:
Price is facing rejection near the EMA 50 ($233.47) – acting as local resistance.
MACD: Bullish crossover with green histogram bars building momentum.
RSI: 53.88 – Entering bullish territory but not yet overbought.
Structure shows higher highs and higher lows = short-term uptrend still intact.
📉 4H Chart Overview:📊
Bounce from $213 low led to a clean recovery, now challenging EMA20 ($238.17).
EMA50 overhead at $257.38 – mid-term breakout confirmation above this.
MACD: Convergence seen, suggesting bullish continuation ahead.
RSI: 38.80 – still on the low side, room for more upside before exhaustion.
🎯 Trade Strategy (Bullish Reversal Play):
📌 Entry Zone: $229 – $230
📌 Target 1: $238
📌 Target 2: $245
📌 Stop-Loss: $225
📌 Duration: 6–12 hours (short-term trend continuation)
🚨 Critical Resistance to Watch:
$233.5 (EMA50 1H) – needs solid breakout
$238.1 (EMA20 4H) – flips structure bullish on 4H
$257.3 – major trend confirmation
🧠 “Strong entries don’t chase green candles — they ride the retest. Let price prove its strength.”
📛 This is not financial advice. Always do your own research before investing or trading.
#AAVE #IsraelIranConflict #Binance #SaylorBTCPurchase #TradingSignals