🚀 AAVE/USDT Analysis: Key Insights

1. Support and Resistance Levels:

Support: AAVE has strong support around $93.14 USDT. Buyers tend to step in at this level, preventing further downside.

Resistance: The immediate resistance lies near $100.01 USDT. A breakout above this level could signal bullish momentum.

2. Entry Strategy:

Buy Entry: Consider entering long positions if AAVE breaks above $100.01 USDT with conviction. Confirm with volume surge and positive indicators (e.g., RSI, MACD).

Stop Loss: Set a stop loss below $93.14 USDT to manage risk.

3. Current and Previous Values:

Current Price: AAVE is trading at $97.03 USDT.

Previous High: Recently, it touched $100.01 USDT.

Previous Low: The recent dip was to $93.14 USDT.

Remember to conduct your own due diligence and adapt your strategy based on market conditions. Happy trading! 📈💡

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