Post for $AAVE /USDT Technical Analysis
š $AAVE /USDT Analysis Update:
Current Price: $375.03 (-0.63%)
24H Range: $364.61 - $382.29
30-Minute Chart Overview: AAVE is showing signs of recovery after testing support near $370. A strong rebound could indicate bullish momentum, targeting higher resistance levels.
šÆ Targets:
1. First Target: $380.00 - Immediate resistance level. A breakout above this level could signal the start of a bullish trend.
2. Second Target: $390.00 - Key medium-term resistance zone, marking further recovery strength.
3. Third Target: $400.00 - A critical psychological level and long-term resistance, confirming a sustained bullish move.
š” Actionable Insights:
Secure partial profits near $380.00.
Adjust your stop-loss to $370.00 to protect gains and minimize risks.
Monitor volume levels and RSI trends for confirmation of momentum above $380.00.
š Long-Term View: A breakout above $400.00 could open the door for a potential rally toward $420.00, signaling continued bullish sentiment.