$AAVE
š AAVE/USDT Technical Analysis ā Price at $345.36 š
AAVE is trading at $345.36, presenting exciting opportunities for both bulls and bears. Letās break down the current price action:
1ļøā£ Key Resistance: The immediate resistance is at $350.00. A breakout above this level could fuel bullish momentum, with the next target at $370.00. Watch for strong buying volume to confirm the move.
2ļøā£ Key Support: Support is holding at $335.00. If AAVE pulls back to this level, it could offer a good buying opportunity for traders expecting a rebound. A break below this zone might lead to further downside, targeting $320.00.
3ļøā£ Trend Overview: The chart suggests bullish consolidation, with AAVE trading in a range between $335.00 and $350.00. A decisive move could define the next trend.
šÆ Trading Strategy:
Bullish Scenario: Enter long positions on a breakout above $350.00, targeting $370.00ā$380.00.
Bearish Scenario: Short if AAVE drops below $335.00, aiming for $320.00 with a tight stop-loss.
š” Pro Tip: Monitor RSI and MACD for signs of momentum shifts. AAVE is nearing a critical zoneāare we heading toward a breakout or a dip? Stay sharp! š
Drop your predictionsāwill AAVE hit $370 or retrace to $320? Letās discuss! š„
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