Signal: $AAVE Wait for Entry - Long Opportunity

Current Price: 273.91 USDT (at the time of the screenshot)

Signal Type: Long (wait for entry)

Entry Zone (Potential Buy Zone): The signal suggests waiting for the price to come down into the range marked by the lower horizontal lines, specifically around 272.00 USDT or slightly below.

Targets

Tp1 275.40

Tp2 278.46 USDT

Tp3 281.74 USDT

Tp4 286.65 USDT (the top blue resistance line)

Stop Loss (SL): 268.47 USDT (below the intended entry zone)

Risk/Reward: Appears favorable, as the potential profit (green box) is significantly larger than the potential loss (red box).

Timeframe: 15-minute chart (15m)

Analysis:

AAVE is currently pulling back after a recent move up. This setup suggests waiting for a retest of a key support area (around 272.00 USDT). Entering in this support zone would offer a better risk-to-reward ratio for a long position, anticipating a bounce and continuation of the upward trend towards the highlighted resistance levels. The trade is invalidated if the price breaks down and closes below 268.47 USDT.