$AAVE /USDT Trade Setup
Market Insight:
$AAVE is currently in a mild correction phase, trading at $294.64 (-1.97%) after facing rejection near the $306–307 resistance zone. Volatility is moderate with support near the lower Bollinger Band. The MACD and moving averages hint at potential short-term consolidation or a bounce from lower supports.
Entry:
Ideal Buy Zone: $292 – $295
(near lower Bollinger Band and key intraday support)
Targets:
🎯 Target 1: $301.80 (mid-range resistance and minor supply zone)
🎯 Target 2: $306.70 (24h high and upper Bollinger Band)
🎯 Target 3: $314.00 (breakout target if momentum builds)
Stop Loss:
❌ Stop Loss: $289.50
(Below strong support at Bollinger Band low and previous dip level)
Key Levels:
Support: $292.75 / $290.14 / $284.67
Resistance: $301.86 / $306.76 / $314.00
Pivot Level: $298.22 (Bollinger Midband)
Pro Tip:
Watch for a bullish MACD crossover or price closing above $298.50 on 4H for confirmation of trend reversal. If BTC shows strength, AAVE could test $306+ quickly. Use tight stop if re-entering near $295.
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