$AAVE /USDT โ BULLISH BREAKOUT IMMINENT ๐๐
๐ TECHNICAL ANALYSIS OVERVIEW:
AAVE is showing signs of strength near a crucial support zone, with bulls defending levels aggressively. Current price is $264.44, and momentum is building up for a potential upside breakout.
๐ KEY LEVELS:
Support: $255.00 ๐ก๏ธ
Resistance: $268.00 (Immediate), $280.00 (Major) ๐ฅ
Current Price: $264.44
Price action on the 4H chart is forming a higher low, suggesting bullish continuation if resistance at $268.00 breaks. RSI is mid-range, leaving room for upside.
๐ข LONG TRADE SETUP (BULLISH SCENARIO):
Entry: $265.00
Take Profit 1: $272.00 ๐ฏ
Take Profit 2: $280.00 ๐
Stop Loss: $254.50 โ
๐ INVALIDATION (If SL Hit):
Break below $255.00 may signal trend reversal toward $248.00.
๐ RISK MANAGEMENT:
๐ผ Risk only 1โ2% of your capital per trade.
Always stick to your stop loss and donโt chase entries. Consistency and discipline win long-term. ๐ง ๐ฐ
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