#AAVEUSDT
Current Market Snapshot
Price: $292.98
24h High: $294.31
24h Low: $252.29
Daily Change: +16.09%
Volume: Very strong (440M USDT), confirming momentum
Structure: Clean breakout above $272โ275 resistance level
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๐ Technical Analysis (1D Timeframe)
โ Bullish Observations:
Breakout Candle: Clean breakout of prior resistance at ~$272 with strong volume.
Momentum: Multiple bullish daily candles in a row, with higher highs and higher lows.
Price Structure: In clear uptrend; the daily chart shows a cup and handleโlike breakout pattern.
No immediate overhead resistance until ~$300 psychological level and ~310 from historical zones.
โ ๏ธ Caution Points:
Price has pushed up quickly, so some consolidation or a retest is likely.
Slight rejection at $294.31 (wicks show some selling).
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๐ฎ Price Prediction (Next Move)
Likely Scenarios:
1. Bullish Continuation:
If it holds above $284โ285, likely to retest and break $294.31, aiming for:
๐ฏ Short-Term Target 1: $300 (psychological)
๐ฏ Short-Term Target 2: $310โ320 (next key resistance)
2. Pullback and Retest:
If rejected again from $294โ295, expect:
Support at $275โ280 (good buy zone)
Strong support at $260 (invalidates short-term bull bias if broken)
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๐ง Trade Setups
๐ข Conservative Entry (Safer)
Entry: $275โ282 (on pullback)
Stop-Loss: $258
Target: $300 / $310+
Risk-Reward: ~1:2.5+
๐ Momentum Entry (Aggressive)
Entry: Breakout above $294.50 with strong candle close
Stop-Loss: $282
Target: $305โ315
Risk-Reward: ~1:2
๐ด Invalidation
If price closes below $258 on daily โ bullish bias invalidated
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๐งญ Summary
Direction Bias Entry Area Stop Loss Target
Long Bullish $275โ282 or above $294.5 $258 $300 / $310โ320
Note: I'm not your financial advisor do your own research before entering the market .
