🚨 $AAVE /USDT SURGES – WHAT’S NEXT? 🚨
$AAVE has skyrocketed, trading at $234.57, up +13.84% in the last 24 hours. With a 24-hour high of $237.76, this rally signals potential continuation or retracement. Here’s a detailed breakdown for traders eyeing their next move.
💡 Key Levels to Watch:
1️⃣ Immediate Resistance: $237.76
This level is the key to AAVE's further upward momentum. A breakout above this point could attract fresh buying interest, driving the price higher.
2️⃣ Target 1: $241.38
A successful breach of the resistance could lead to this initial target, aligning with the upper trendline and psychological levels.
3️⃣ Target 2: $250.00
If bullish momentum continues, AAVE could test the next significant level, where profit-taking may occur.
4️⃣ Support Zone: $214.85
On the downside, this is a critical level to hold. A drop below here could indicate a retracement toward the $202.73 mark.
⚠️ Trade Strategy:
Long Position: Enter on breakout above $237.76, targeting $241.38 and $250.00, with a stop-loss below $214.85.
Short Position: If AAVE fails to sustain above $237.76, consider shorting with targets at $214.85 and $202.73.
Stay cautious and manage risks as AAVE’s recent surge makes it a high-volatility play!