$AAVE / USDT ā PULLBACK OR PREP FOR NEXT LEG UP? šā”ļøš
After touching a high of $325.41, $AAVE is now pulling back, currently trading at $280.94 (-8.61%). Price dipped below the 7-day MA but is still sitting above the 25-day MA ā indicating potential short-term weakness in an overall bullish structure.
š Market Snapshot:
24h High: $307.42
24h Low: $261.56
MA(7): $283.08 (current resistance)
MA(25): $264.48 (potential support)
Volume: 546K AAVE | 152.99M USDT
šÆ Trade Setup (Short-Term Long):
Entry: $276ā281
TP1: $297
TP2: $312
TP3: $325
SL: $259
Wait for a bounce confirmation from the 25MA zone ā a reclaim of MA(7) would signal renewed buying interest!