#AAVEUSDT

Technical Overview (4H Chart)

Current Price: $292.89

24h High: $294.31

24h Low: $252.29

24h Change: +16.06%

Volume (USDT): 440.76M โ€” Strong volume

Trend: Strong bullish breakout

Recent Action: Sharp green candle showing strong bullish momentum, breaking through previous resistance levels.

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๐Ÿง  Market Structure & Momentum

The price just made a new short-term high at $294.31.

Parabolic move indicates possible overbought conditions โ€” the RSI isn't visible here, but it's likely above 70.

No immediate visible resistance until possibly $310โ€“$320 zone from past price history (not shown here but inferred).

Volume is confirming the move; this isnโ€™t a low-volume pump.

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๐Ÿ“Š Trade Setup Options

โœ… Option 1: Wait for Pullback (Safer Entry)

Ideal Buy Zone: $275โ€“$284 (previous breakout zone)

Stop-Loss: Below $272 or recent swing low (~$265)

Target: $305โ€“$320

Rationale: Let it cool down, re-enter on retest/support

๐Ÿ” Option 2: Momentum Trade (Riskier)

Entry: Market buy or on slight dip ~$290โ€“$292

Stop-Loss: Tight below $284

Target: Short-term $300+, trail stop after $295 breaks

Rationale: Ride the breakout momentum, but risk/reward isn't ideal

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โš ๏ธ Potential Warning

Candle is extended โ€” be cautious of a "blow-off top" or bull trap.

If the price closes below $284 in the next few candles, it might signal exhaustion.

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๐Ÿ”ฎ Prediction: Next Move?

Short-term: Likely to test $294โ€“$296, possibly retrace slightly to $280s before continuation.

If it holds above $284, next targets are:

$300 (psychological)

$310โ€“$320 (next major resistance)

If it breaks below $272, expect deeper pullback toward $260.