Hey Binance fam! š¢ If youāve had AAVE on your radar, nowās the perfect time to tune in. AAVE/USDT is wrapping up a solid āretest zoneā setupāand once thatās locked in, we could be accelerating toward new highs. Letās break it down, Binance-style:
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š Whatās Happening With AAVE?
Resistance at ~$245ā246 š§±
AAVE recently hit a local peak near $245ā246, but encountered minor rejection and then reversed into a retest phase .
Healthy Retest at $230ā234 Support
The token has pulled back into the $230ā234 zoneāseen as a strong support rangeāindicating a classic consolidation before a breakout .
Key Price Zones to Watch
Support: $230ā232 ā bulls are stepping up here .
Resistance: $245ā246 ā a breakout above this could spark a big move .
Momentum Check
Short-term charts are showing some hesitation, with wicks forming at the top and volume cooling a bit ābut strong interest remains near support.
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šÆ How to Trade ItāBinance Style
1. Watch for a Cleared Breakout
A clean break above $246 with healthy volume could indicate the start of the next rally. Thatās where the fireworks start! š
2. Snap Up the Dip
If $230ā232 holds again, it could be a safe entry point. You might catch the prime wave before the bounce.
3. Be Lightning Fast on This Opportunity
Retests donāt stick around foreverāonce support proves itself, breakouts can unfold quickly. Donāt miss your window!
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š Pro Tips
Use limit buys near support for better pricing control.
Monitor volume spikesātheyāre often the breakoutās fuel.
Set clear stop-losses below $230. Risk management is everything.
On Binance, check out trading tools like stop-limit, OCO, and trailing stops to manage your positions seamlessly.
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āØ Final Take
AAVE is sitting on a textbook setup: solid support retest, clear resistance overhead, and the potential for a breakout rally. It could be your last chance to position before liftoffāif momentum builds and $246 breaks, the next leg could come fast.
Keep your eyes on AAVE/USDT on Binance, and trade smart š