Technical Analysis for $AAVE /USDT:
Current Price Action:
Current Price: $332.87 (+11.25%)
24h High: $342.85
24h Low: $294.35
Targets:
1. Target 1: $340.00 (Resistance Level)
Immediate resistance level. A breakout could push the price towards higher targets.
2. Target 2: $350.00 (Key Resistance)
Medium-term resistance. Breaching this level may confirm strong bullish momentum.
3. Target 3: $370.00 (Psychological Level)
Significant psychological resistance. Achieving this target indicates a continued uptrend.
Strategy:
Secure Partial Profits: Take profits at each target to lock in gains.
Stop Loss: Place a stop loss below $325.00 to minimize risk from potential reversals.
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