$AAVE Long Signal
Key Indicators:
1. Moving Averages (MA50 & MA200):
• MA(50): $139.57
• MA(200): $139.35
• Price > both MAs → Bullish crossover confirmed.
• This is a golden cross on the 1H chart = short-term bullish momentum.
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2. RSI (14):
• Current RSI: 60.03
• This is neutral-bullish territory.
• RSI has room to run up before becoming overbought (>70).
• Suggests buyers still have momentum.
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3. Price Action:
• Support levels:
• $139.30 – $139.60: (Confluence of both MAs)
• $136.60: Previous price support zone
• Resistance levels:
• $143.00: 24h high (immediate resistance)
• $147.23: Local swing high
• $148.11: Top of visible chart range
• Trend: Clear short-term uptrend from $129.81 low.
• Higher highs and higher lows forming.
• Consolidating just below key resistance.
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4. Volume & Order Book:
• Buyers: 52.06% vs Sellers: 47.94%
• Buyer interest is slightly dominant but not overwhelming.
• Momentum still slightly favors bulls.
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Short-Term Play:
Bullish Setup:
• Buy on breakout above $143.00 (with volume confirmation)
• Target: $145.50 → $147.00
• SL: Below $139.00 (below both moving averages)
Bearish Setup (if rejected):
• Sell if it gets rejected at $143.00 and closes below $139.30
• Target: $136.60 → $134.00
• SL: Above $144.00
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Conclusion:
AAVE/USDT is in a short-term bullish trend on the 1H chart. RSI is healthy, price is above both MAs, and momentum is favoring a push toward $143+. A confirmed breakout above that level could trigger further upside toward $147.