๐จ $AAVE/USDT Trading Signal ๐จ
$AAVE
$353.80
+14.80%
๐ก Signal Type: Bullish Breakout
๐ Timeframe: 4H Chart $AAVE
๐ Key Levels to Watch:
Support: $340.00 โ Holding above this level will confirm bullish momentum.
Resistance: $360.00 โ A breakout above this level could lead to further upside.
๐ฏ Trade Setup:
Entry Zone: $352.00 - $354.00
Take Profit Levels (TP):
1๏ธโฃ TP1: $365.00 (+3.1%)
2๏ธโฃ TP2: $380.00 (+7.4%)
Stop Loss (SL): $340.00 (-3.9%)
๐ Market Insight:
$AAVE has seen strong price action, breaking above $340.00 and currently trading near key resistance levels. A further breakout above $360.00 could trigger additional bullish movement, with $380.00 as the next target.
๐ก Strategy Recommendation:
Enter long positions around $352.00 - $354.00.
Set stop-loss at $340.00 to manage downside risk, and aim to secure profits at TP1 and TP2.
๐ข Note: Watch for volume confirmation to ensure bullish strength continues.