🚀$AAVE /USDT Bullish Breakout Setup🤔👇
Current Price: $294.45
Trend Bias: Bullish (both 1D & 1H confirmation)
📊 1D Timeframe Analysis:🔥
✅ Price is trading above all major EMAs (20/50/100/200), indicating strong bullish structure.
✅ Daily RSI is at 60.51, showing rising momentum without being overbought.
✅ $AAVE has formed a clear higher low – higher high structure.
⚠️ Resistance around $295-$300, a key breakout zone; if breached, it can trigger momentum-based entries.
⏱ 1H Timeframe Analysis:🔥
✅ Strong short-term momentum; consistent green candles with higher lows.
✅ Hourly RSI is 65.93, showing strong bullish strength, nearing overbought.
✅ EMA alignment (20 > 50 > 100 > 200) confirms short-term bullish continuation.
🧠 Trade Setup ( Bullish Bias):🔥
Entry: On breakout above $295.5 candle close (confirmation breakout)✅
Targets: 🎯
TP1: $305
TP2: $318
TP3: $340 (swing target if trend persists)
Stop Loss: $284 (below 1H EMA-20 & strong candle support)
Trade Duration: Short- to mid-term (2–5 days)
📌 Why Bullish?🔥
RSI crossover on both TFs confirms upward momentum.
$AAVE Price above all EMAs in both TFs = strength.
Consolidation near resistance hints at bullish accumulation.
No signs of bearish divergence yet.
🧠 Pro Tip:
Wait for a clean candle close above $295.5 on high volume for breakout confirmation. Avoid chasing in consolidation unless it holds above EMAs on the 1H.
🧘♂️ "Patience in the zone of resistance often pays more than speed in breakout chases. Wait for the candle to speak."
📛 This is not financial advice. Do your own research. Trade at your own risk.