🚨
$AAVE E/USDT – Bulls In Control or Overbought Trap? 🔥
$AAVE has surged to $267.95 (+4.70%) with strong DeFi momentum! But with RSI flashing 86.00, is this sustainable—or are we nearing a reversal? Let’s break it down! 👇
📊 Market Overview
📍 Current Price: $267.95
📈 24h High: $269.47
❄️ 24h Low: $253.12
📊 Parabolic SAR: Holding below $262.00 (watch for breakout retest!)
📉 MACD Momentum:
DIF: Positive (Momentum in favor of bulls)
MACD: Bullish crossover likely
📈 RSI (6): 86.00 (⚠️ Overbought zone!)
📈 AAVE Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If AAVE Holds Above $262.00):
Entry: Above $268.00
Targets: $273.50, $280.00, $295.00+
Stop-Loss: $259.00
🔹 Bearish Scenario (If AAVE Drops Below $259.00):
Entry: Below $258.00
Targets: $250.00, $240.00, $230.00
Stop-Loss: $268.00
🔍 Should You Hold or Sell?
✅ Price strength above $262.00 signals bullish continuation potential
⚠️ RSI is overheated—watch for sudden reversals
✅ Strong 24h volume ($18.4M USDT) supports the current breakout
💡 Pro Tip:
🚀 If AAVE breaks $269.50 with volume, expect a fast move toward $280+
⚠️ Be cautious of a fakeout if RSI remains above 85 without new volume spikes
📢 What’s your plan—scaling out or holding for $300? Comment below!
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$AAVE #AAVE #DeFi #CryptoTrading #Binance #Write2Earn