Today's Trading Signals for $AAVE
AAVE is currently experiencing a significant decline, trading at $339.63 with a -11.27% change over the last 24 hours. The trading volume has dropped by 27.61%, suggesting a potential consolidation phase following high volatility. Market cap and volume metrics indicate liquidity remains sufficient for scalping opportunities. Historical price data highlights $342-$384 as an intraday range, with key support near $330 and resistance at $350. A short-term scalping strategy leveraging this range is viable, particularly given the 11.64% volume-to-market-cap ratio.
Action:
Long Position (if price holds above $342):
Entry Range: $342.50 - $345.00
SL: $340
TP: $354 - $360
Short Position (if price breaks below $340):
Entry Range: $338.50 - $340.00
SL: $342.50
TP: $325 - $320
🥂Trade Here👇$AAVE
🚨Note: Trade at your own risk. Always DYOR (Do Your Own Research).
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