$AAVE /USDT: Riding the Wave of Bullish Momentum
$AAVE /USDT is trading at 323.72, posting a significant 10.05% gain in the past 24 hours. After rebounding from a low of 291.02 USDT, the price has surged to test its 24-hour high of 323.88 USDT. The RSI at 65.64 indicates sustained bullish momentum, while the MACD confirms strong buying activity. Immediate support lies at 315.00 USDT, with resistance just above at 325.00 USDT.
Traders can consider entering around the current price of 323.72 USDT. Profit targets are closely set at TP1: 325.50 USDT, TP2: 328.00 USDT, and TP3: 330.50 USDT. A stop loss at 315.00 USDT ensures controlled risk in case of a pullback.
With strong upward momentum and tight targets, this setup offers an excellent opportunity to capture gains while managing risks effectively. Watch for volume confirmation to sustain the breakout above resistance.