$AAVE Trading Strategy Update
🔎 Key Insight:
A short liquidation of $11.076K was triggered at $348.297, signaling that sellers are exiting, which may open the door for a bullish move. This is a critical moment for strategic entries.
📈 Next Move - Buy Zone, Target & Stop Loss
1️⃣ Buy Zone:
Look to enter within $345 - $350. This range is near the support zone and offers a safer entry for potential gains.
2️⃣ Target Levels:
Target 1: $360 (first resistance level)
Target 2: $375 (mid-level target)
Target 3 (Stretch Goal): $390
3️⃣ Stop Loss:
Place a stop loss at $340. This minimizes risk if the price moves against the plan.
💡 Strategy Insights:
Volume Watch: Confirm the breakout near $350 with increased buying volume. This ensures momentum is building.
Risk Management: Always trade with a manageable position size and avoid over-leveraging.
Market Context: Keep an eye on broader market sentiment and key assets like Bitcoin and Ethereum, as they can impact $AAVE .
🚨 Pro Tips for Success:
Stick to Entry Zones: Don’t rush in above $350 without confirmation of bullish momentum.
Secure Profits Gradually: Consider taking partial profits at each target level to secure gains while riding the trend.
Stay Updated: Follow $AAVE -related news or announcements as they can trigger sudden price movements.
Trading requires discipline and precision. Follow your strategy, manage your risk, and let the market guide your profits!