📈 #AAVE/USDT Trade Setup 🚀 $AAVE
📊 Bullish reversal confirmed! Following a breakout from the Falling Wedge pattern, price surged above the prior swing high of $95, signifying a trend reversal with targets set at $120 near-term and $130 mid-term.
📉 Patterns: Falling Wedge breakout – a bullish signal. Swing traders may have initiated trades between trendlines; however, confirmation comes with a completed pattern and breakout.
📈 Trend: Uptrend (ST, MT) and Neutral (LT)
🚀 Momentum: Bullish. MACD Line > Signal Line, RSI > 55.
🔍 Supp/Res: $95 (prev. resistance), $80 / $120 (Near-term Target), $130 (Mid-term Target)
🚨 Stay alert for confirmation signals!
🎯 Buy Signal: Initiate the trade upon a confirmed breakout above $95.
🛑 Sell Targets: $120 (Short-term) and $130 (Mid-term).
Stay vigilant! 🚀 #TechnicalAnalysis #AAVE #TradingSetup #Write2Earn