๐ฎ $AAVE /USDT Analysis โ Ready for the Next Leg Up๐ค๐๐๐
๐ Current Price: $259
๐ Trend Duration: Intraday to Short-Term (1H & 4H Combo)
๐ 24H Range: $253.12 โ $261.90
๐ Volume Spike: 57.7K AAVE traded in the last 24H
๐ Chart Breakdown:
๐น 1H Timeframe๐
$AAVE bounced off dual support zones: EMA20/50 crossover held firm at ~$257.
Price forming a small base above EMA zone; bulls attempting continuation.
MACD: Histogram still positive, slow but bullish momentum.
RSI: 54.41 โ still in neutral zone with room to push.
๐น 4H Timeframe๐
Reversal candle forming after multiple wicks near $264 rejection.
Support at $257โ$252 showing strength with buyers stepping in.
MACD: Trying to shift bullish; histogram nearly neutral.
RSI: 53.32 โ suggesting equilibrium before breakout attempt.
๐ฏ Trade Setup (Bullish Bias)
๐ Entry Zone: Above $260.50
๐ฏ Target 1: $264
๐ฏ Target 2: $269
๐ป Stoploss: Below $253 (beneath 4H structure + 50 EMA)
โฐ Trade Duration: 6โ16 Hours
โ ๏ธ Risk Level: Moderate (Watch MACD cross confirmation on 4H)
๐ Why Bullish๐ค๐ฅ
EMA support held strong on both 1H and 4H.
RSI & MACD on verge of recovery.
Small consolidation just under resistance โ a classic bullish setup.
๐ง "When price rests, strength is tested. The breakout belongs to the patient."
Let the candle tell the story โ not the noise.
๐ข This is for educational purposes only. Not financial advice. Always DYOR.
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