$AAVE

AAVE/USDT daily point analysis and direction prediction

Market analysis

The current price of AAVE is $306.63, which has fallen significantly from the high of $399.85, and the correction trend is evident. The price has fallen below the short-term moving average (MA7 $336.95) and is close to the medium-term support level (MA25 $291.79). MACD dead cross, the short-selling force is gradually increasing, the market sentiment is weak, and the short-term support area may be further explored.

Key points

• Support level: $291.79, $270.00

• Pressure level: $336.95, $350.00

Prediction of long and short directions

If AAVE can get support near $291.79 in the short term, it is expected to rebound weakly, with the target of $336.95 and $350.00. If it falls below this support, it will further drop to around $270.00.

Operation suggestions

1. Long order strategy:

• Entry: Stabilize near $291.79

• Take profit: $336.95, $350.00

• Stop loss: $285.00

2. Short order strategy:

• Entry: Blocked near $320.00

• Take profit: $291.79, $270.00

• Stop loss: $330.00

Summary

AAVE is short-term dominant, focus on the support strength of $291.79, it is recommended to combine high-altitude and low-multiple strategies, and follow the trend.