$AAVE
Trade Entry**
- **Entry Price:** **$305.99** (current price shown in the second image)
- **Rationale:**
- The price is near the lower Bollinger Band (BOLL) in the second image, suggesting a potential bounce.
- RSI(6) is **57.39** (neutral but rising), and Williams %R (-32.03) indicates the asset is exiting oversold territory.
- Stochastic Oscillator shows bullish momentum (K > D, J rising sharply to 107.54).
## **2. Profit Targets**
1. **Target 1: $325.09** (near recent swing high and middle Bollinger Band)
- **Risk-Reward (RR):** 1:2
- Partial close (30-50% of position) to lock in gains.
2. **Target 2: $340.49** (upper Bollinger Band resistance in the second image)
- **RR:** 1:3
- Further partial close (30% of position).
3. **Target 3: $345.02** (psychological resistance and 24h high convergence)
- **RR:** 1:4
- Final exit or trail stop-loss.
### **3. Resistance Levels**
- **Immediate Resistance:** $310.71 (24h high)
- **Key Resistance:** $340.49 (upper Bollinger Band)
- **Strong Resistance:** $345.02 (if bullish momentum continues).
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#### **4. Stop-Loss**
- **Stop-Loss:** **$293.12** (24h low, below recent swing low)
- **Rationale:** A break below this level invalidates the bounce thesis.
- **Risk:** ~4.2% from entry ($305.99 → $293.12).
# Summary
- **Buy Zone:** $305.99 (with confirmation).
- **Targets:** $325.09 → $340.49 → $345.02.
- **Stop-Loss:** $293.12 (strict).
- **Key Risk:** Failure to break $310.71 could lead to retest of $293.12.