$AAVE
Hello traders 😎Hope you are fine. 😍
AAVE/USDT Market Analysis
🏆
Market Overview:
Last Price: $169.55 (+2.79%)
Mark Price: $169.43
24h High: $171.92
24h Low: $161.42
24h Volume:
AAVE: 1.09M
USDT: 183.22M
Key Moving Averages:
MA(7): $167.65
MA(25): $168.02
MA(99): $167.65
Support and Resistance Levels:
Support:
$165.91
$162.71
$161.42 (24h Low)
Resistance:
$171.92 (24h High)
$172.30
Volume & Momentum:
Volume: 13,569.7 AAVE, showing moderate activity with some momentum.
Momentum: The price is slightly above the MA(7), suggesting potential for continuation of the bullish trend.
Potential Trading Strategy
Scalping:
Entry: $169.40 - $169.60
Targets:
$171.00
$171.92 (24h High)
Stop Loss: $167.50
Day Trading:
Entry: $168.00 - $169.00
Targets:
$171.92 (24h High)
$172.30
Stop Loss: $165.91
Swing Trading:
Entry: $165.00 - $167.50
Targets:
$172.30
$175.00
Stop Loss: $162.71
Analysis Highlights:
AAVE is currently bullish with price above key moving averages, indicating short-term upside potential.
The high 24h volume suggests market interest is strong, with room for upward price action toward resistance levels.
