#CryptoTrading.

📊Technical Analysis (1 hour) $AAVE /USDT

1. Price and Trend: The current price is 305.15 USD with an increase of +0.28%. The chart shows a recent decline after a local high, but the overall trend remains higher with support at ~297.00 USD.

2. Bollinger Bands (20, 2): The price is moving towards the midline (MB: 306.85), indicating neutral volatility. The upper band (UP: 310.54) and lower band (DN: 303.16) provide potential support and resistance levels.

3. Moving Averages (MA):

• MA(5): 21,541.60 and MA(10): 28,905.39 on the volume chart indicate steady trader interest.

• On the price chart, the MA looks like an ascending line, confirming the overall bullish trend.

4. MACD: DIF (0.73) and DEA (1.15) with MACD at -0.42 indicate a slight decrease in momentum, but not yet a reversal. A sell signal may appear if the MACD crosses DEA downwards.

5. Stochastic RSI: STOCHRSI (6.65) and MASTOCHRSI (12.90) are in the neutral zone, approaching oversold levels, which may indicate a possible rebound.

6. Volume: There is a decrease in volume (7,654.50), which may signal a decrease in trading activity, which often precedes a correction.

⚠️Conclusion: Prices are currently entering a correction phase after the rise, with a possibility of a rebound to 310.54 (Bollinger upper band) or a drop to 297.00 (support). It is recommended to monitor the MACD crossover and change in volume to confirm further movement.