๐LONG: $AAVE (4H)
Current Price $282.79
Market Cap $4.27B
Change 1h +1.49% | 24h -1.19%
4-Hourly Indicators:
โข RSI: 34 - Neutral ๐
โข MACD: -11 - Bearish ๐ด
โข EMA: 303 - Trading Below ๐ด
Analysis:
AAVEUSD is bouncing off a strong trendline, signaling bullish momentum. Oversold indicators and an ABC pattern hint at a potential long position. This suggests a building strength until it hits the resistance level.
Price Targets:
Look for upside moves to hit resistance near $340. If strength continues, eye a further rally towards $420. Keep an eye on trendline support around $280 to manage risk.
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