$AAVE – Long Configuration Alert
AAVE shows strong bullish momentum after regaining the resistance of 258.5 $ and printing a higher low. The price is currently testing the level of 264.40 $ – a breakout and a close above could fuel a rally towards $272.
Current Price: $263.05
Key Breakout Level: $264.40
Trade Setup:
– Entry Zone: 262.50 $ – 264.00 $
– Stop Loss: $258.47
– Take Profit Targets:
• TP1: $268.50
• TP2: $272.32
– Leverage: 10x
– Risk Allocation: 2–3% of the portfolio
Technical Bias:
AAVE's bullish continuation is supported by trend strength and volume. Staying above 260 $ could validate the next leg.