📈 AAVE/USDT (1H) – Breakout Continuation Setup

Exchange: Binance – Perpetual Contract

Current Price: $244.61

Volume: 10.25K – Steadily Increasing

Change: +0.62%

✅ Signal Type: Breakout Continuation (Bullish Momentum)

AAVE is breaking out of a multi-day range with strength, showing clear momentum as price pushes above previous highs near $243. The uptrend is supported by rising volume and strong price structure.

🔍 Technical Highlights:

Structure: Clean uptrend with ascending support

Breakout Level: $243 resistance cleared with bullish candle

Momentum: Sustained higher lows with strong bullish pressure

Volume Confirmation: Recent bars show rising green volume

📊 Trade Setup:

🔵 Entry Zones:

Breakout entry: $244.00–$246.00 (on confirmation of breakout)

Pullback entry: $238.00–$240.00 (retest of breakout zone)

🔴 Stop-Loss:

Below $236.00 (beneath support of range)

🟢 Take Profit Targets:

TP1: $252.00

TP2: $260.00

TP3: $275.00 (major resistance + fib extension)

📈 Risk/Reward: ~2.3 to 1 depending on entry

⚠️ Invalidation:

Close below $235.00 with high sell volume could signal false breakout

✅ Buy and Trade Here: $AAVE