$AAVE Trading Strategy Update

🔎 Market Insight:

A long liquidation of $6.8108K occurred at $340.54, suggesting bulls have been forced out, and the price is testing lower support levels. This may present an opportunity to catch a bounce if the market stabilizes.

📈 Next Move - Buy Zone, Target & Stop Loss

1️⃣ Buy Zone:

Enter within $338 - $342. This range aligns with key support, offering a safe entry point with minimal downside.

2️⃣ Target Levels:

Target 1: $350 (near resistance)

Target 2: $365 (mid-level target)

Target 3 (Stretch Goal): $375

3️⃣ Stop Loss:

Set a stop loss at $335 to protect against deeper downside if the price continues to fall.

💡 Strategy Insights:

Volume Confirmation: Look for strong buying activity near $342 to confirm bullish momentum before entering.

Risk Management: Use proper position sizing. Only invest what you can afford to lose.

Market Context: Keep an eye on the overall crypto market trend, as it heavily influences $AAVE ’s price action.

🚨 Pro Tips for Success:

Be Patient: Enter only within the buy zone; don’t chase if the price moves too quickly.

Secure Profits: Take partial profits at $350 and $365, ensuring gains while reducing risk.

Stay Alert: Set alerts for $342 and $350 to monitor market activity efficiently.

Trading requires discipline and risk management. Stick to your strategy and let the market work in your favor!

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