Is it time for the price explosion of $AAVE ?
Smart Futures Strategy
The AAVE currency is moving near a significant resistance area at $265, after a clear breakout from the bottom of $227 supported by strong trading volume and clear upward momentum on the indicators.
Technical Analysis Notes:
RSI is rising at 66 – it hasn't reached overbought yet, keeping the room open for further upward movement.
MACD is in a positive crossover and has shifted from the negative area.
The last candle closes above the 20 average (Bollinger Band) indicating buyer control.
The price is approaching the upper Bollinger average ($270), and we might see a breakout coming!
Futures Strategy (Long only):
Entry Point: $264 – $266
Stop Loss: $259
First Target: $275
Second Target: $284
Risk-to-Reward Ratio: Excellent (1:3+)
⚠️ Warning: I do not recommend selling or entering a Short position currently, as the market shows positive momentum signals and is preparing for a potential upward wave.
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