AAVE/USDT Technical Analysis: Trading Levels and Targets šŸ“Š

Current Price: $372.25 (+1.27%)

$AAVE

Key Trading Levels

Buy Targets:

1. $368.00

2. $360.00

3. $356.00

Sell Targets:

1. $380.00

2. $385.00

3. $392.00

Stop Loss: $350.00

Take Profit: $392.00

Support & Resistance Zones

Resistance Levels: $380.00, $385.00, $392.00

Support Levels: $368.00, $360.00, $356.00

Technical Indicators

Average Price: $372.25

RSI (Relative Strength Index): 55 (Neutral)

MACD: Bullish momentum building

Market Sentiment

Volume Analysis: 24h Volume ā€“ 467,116.08 AAVE ($171.55M) (Strong)

Price Action: Uptrend with potential for further gains if resistance breaks

Depth Info

Order Book Depth: Buyers clustered near $368.00; Sellers around $380.00

Trade Setup & Strategy

Bullish Scenario: If AAVE breaks $380.00, aim for $385.00 and $392.00.

Bearish Scenario: If AAVE falls below $368.00, expect a decline toward $360.00 or $356.00.

šŸ”¹ Manage risk wisely and adjust stop loss accordingly.

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