$AAVE
/USDT: Bullish Momentum Run 💯 💥 📈
Technical Snapshot:
Current Price: 355.64 (up 1.14% in 24h, minor increase of +0.30% in the 30-minute chart)
24h High: 361.28
24h Low: 339.00
Volume: 180,407.81 AAVE, 63.18M USDT
Trend: Bullish, showing a potential for continuation after a slight pullback.
Support & Resistance:
Support: 350.00 (psychological support), 339.00 (24h low)
Resistance: 361.28 (24h high), 365.00 (key resistance), 370.00 (next resistance level)
Trade Strategy:
1. Bullish Entry:
Trigger: If the price breaks above 361.28
Targets: 🎯365.00 | 🎯370.00 | 🎯375.00
Stop Loss: 350.00 (below immediate support)
2. Bearish Entry:
Trigger: If the price falls below 350.00
Targets: 🎯340.00 | 🎯330.00 | 🎯325.00
Stop Loss: 362.50 (above resistance)
Indicators to Watch:
RSI: Ensure the RSI isn’t overbought as the price nears resistance levels (e.g., 361.28) to avoid entering at the top.
MACD: Watch for bullish crossovers to confirm upward momentum, especially above 350.00.
Volume: An increase in volume during price moves above 361.28 can confirm the strength of the move.
Conclusion:
Bullish Outlook: A break above 361.28 could push prices toward 365.00 and higher.
Bearish Outlook: A fall below 350.00 could lead to a retracement toward lower support levels.
Watch for a confirmation breakout above resistance before entering!
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